Business & farm


@Opus 17 wrote:
If the businesses are distinct and the taxpayer wants to keep them separate, I believe the taxpayer needs to move one of the businesses to a different LLC or take it out of the LLC and make it an unincorporated partnership that can be treated as a qualified joint venture.

I am certain the IRS could not care less how the taxpayers structure their businesses, but if the two businesses are separate and distinct, they need to file separate Schedules C for each.