Rental property within an LLC would typically be reported on Sch E. However, TT trys to include this activity Sch C. Can Turbo Tax handle rentals within an LLC?
Rental property within an LLC would typically be reported on Sch E. However, TT trys to include this activity Sch C. Can Turbo Tax handle rentals within an LLC?
Please clarify what type of return you are preparing. Is this a multi-member LLC filing a partnership return? Or is this a single-member LLC reported on your personal return? What is the business of the LLC?
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