S-corp LLC was established in 2018 for residential real estate investing.
It started with cash deposits from both managing members to purchase a single family home in Feb 2018. The property was updated and resold in/around June 2018. Then another property was purchased in December 2018 using profits from the sale of the first property.
How do I determine the total assets on Item F of Form 1120S?
Thanks in advance & God Bless!
