@desireeb
When setting up each property, you want to know the original cost and the 1-1-22 loan payable balance. Then, you can enter each property with a journal entry dated 1-1-22:
| | Debit | Credit |
| Building (Original Cost) | XXX | |
| Loan Payable | | XXX |
| Opening Balance Equity (to balance) | | XXX |
Then, you can enter the 2022 monthly payments as usual.
