$25,000 loan to a farmer, secured by farmland, to purchase stock.

What the heck do I do with this?

RC-C
Item 9: Other loans:

Loans for purchasing or carrying securities include:

(2) All loans, whether secured (other than by real estate) or unsecured, to any other borrower for the purposes of purchasing or carrying securities, such as:..

Exclude from loans for purchasing or carrying securities:

(4) Loans secured by real estate (report in Schedule RC-C, part 1, item 1).


So you would report it under 1.b, secured by farmland, right

That's what I was thinking, I just wanted a second opinion.

Thanks Rie A - at least I know I'm not alone in my confusion.