- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
There are a couple of considerations. The first is whether your LLC is a Partnership or a Qualified Joint Venture. If you live in a community property state, you qualify as having a QJV. If not, you will need to file a partnership return and will need the business program.
The second is that unless you are real estate professionals, you are not self-employed for Schedule C purposes. You would enter your income and expenses on Schedule E.
Please see this LINK for a detailed discussion.
‎February 9, 2022
9:43 AM