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Do I need to file a Form 1065 for a multi-member LLC if the business has not yet opened and is still under construction for 2021? Do I claim lease/build-out expenses now?
My husband and I are starting a business and obtained multi-member LLC in 2021. No gains or losses and leasing a stand-alone unit in a town center. Unit is still under construction but expenses are paid for leasing and construction in 2021, and business cards, etc. The business is not yet open.
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March 20, 2022
11:13 AM