Thank you again for the reply. All tenants have been instructed to pay the mgmt. company, and there is one chg card for the management company, and it pays everything, But, I keep the expenses and rents collected for each LLC and distribute them to each LLC. So I understand doing a return for each LLC. And, it looks like I do a return for the management company and it will not have any income, just a couple expenses that it incurs itself.
Also, I created the LLC in November of 2017, but started them with the tax year of 2018. January 1, 2018. Do I use the actual creation date as the program asks for the creation date, or do I use the actual start date of use, 1/1/2017? Thank you very much and that's it. You are very much appreciated.
