I file a Schedule C for a sole proprietorship business. In 2022 I created a single owner LLC that is for a different business. How do I handle the LLC?

[danlhsb1012]

For many years past I have filed a Schedule C for my photography business, which is a sole proprietorship.  In 2022 I had a single owner LLC created to hold some real estate I own.  The LLC only holds real estate, and currently has no income.  It will have no income until I sell the property.  How do I handle the LLC in my IRS taxes for 2022?  Do I just file a second Schedule C for just the LLC?

[MarilynG1]

Yes, normally you would need to file another Schedule C for your other Business Income.  

However, if the real estate is rental property, the Income/Expenses are reported on Schedule E, not Schedule C.

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