LLC Inventory treatment

[Jackson Lee]

Hello, my client has two LLCs, she created one LLC for the purpose of buying inventory and the other LLC she use as the business to sell her product. For this situation, how can she deduct the inventory expenses? and for the other LLC that has no income generated, what should she do? Thank you

[ColeenD3 · Accepted solution]

You may have inadvertently landed in the wrong forum. This is for individuals who are preparing their own taxes. Our forum for professionals, which may be better suited for your type of question is: Proconnect.