thisisme271
Returning Member

Multiple LLC'S

Hi

I have a partner LLC that is holding LLC. Under it are 5 LLC's owned by the partner LLC. Can turbo tax help in this situation? 

The parent partner LLC files the returns and issues K1 to me and my spouse. 

The 5 LLC's own rental properties and are disregarded and pass their income/expenses to the parent LLC.

Is turbotax helpful in this?

If yes- What version- desktop or online?

Thanks for input.