I formed a multi-member LLC in 2016 Texas.There was no revenue in 2016,only set up costs.Will be operational in 2017,do I need to file taxes for 2016 using TT Business?

Also I paid franchisee fee of $26,000 after the multi-member LLC was registered with the state of TX. Can I deduct the franchise fee as an ordinary expense or as startup cost ?


Thank you.