Thanks, that's what I was interpretting, but I've received conflicting answers/interpretations from the Live Turbo Tax experts. One said we can't, as in agreement with you, we are organized and registered with the state as an LLC. But the other said that we can qualify as a joint venture because we aren't "Incorporated as a C- Corp or S-Corp". But in reading the IRS guidelines for 1065 and QJV it seems to indicate that we can't because of the LLC, even if we aren't incorporated.
