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cvthom11
New Member

Closing out LLC in 2020

I had rental property, which I sold the last one at end of 2019.  How should I reflect 2020 costs related to the business and what forms should I use to record close out the business?

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2 Replies
DaveF1006
Expert Alumni

Closing out LLC in 2020

It depends. Is this a single member or multi-member LLC?

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cvthom11
New Member

Closing out LLC in 2020

Dave, 

it is a single member LLC.

 

 Thanks 

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