Hello kroy123pink, congratulations on your rental property!
You do not need to have an LLC to have a small business or rental. You can operate using your social security number. You would file rental activity on a form Schedule E attached to your personal return form 1040.
Rental income is normally considered passive income and is subject to the passive activity loss rules.
Helpful links:
Rental Property Deductions You Can Take at Tax Time
This is a full page of helpful rental property tips: Rental Property Tax Tips
Taking Business Tax Deductions
Depreciation of Business Assets
New Small Business Legislation Benefits Both Businesses and Individuals
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