Thanks! I was hoping to avoid a separate tax return and just include it in our joint return. Can he be a single member LLC without me as a part owner and still have his initial business losses/depreciation apply to my W-2 earnings? We'd eventually like to go down the LLC path to limit our liability. But not clear on whether we can still do that on a joint return. We have a meeting scheduled soon with a local small business volunteer organization to help us with some of these initial questions. Just trying to get our bearings before we start putting money out.
