I got the deck hooked up to the rack finally. It still wasn't working the way I wanted it too after 3 different connect configurations. I decided at this point to stop and read the owners manual of the preamp. I banged my head on the desk repeatedly when I saw the "record selector switch" in the manual. I was tired at this point and went to bed. I tried the connecting thing again and bingo!! I also bypassed the tape monitor loop on the EQ as I want to record my source material unaltered by the EQ.
I also put in the calibration tape and the spectrum analyzer pegged the tape output at 3KHz which is the frequency that was recorded on the tape.