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Investors & landlords
So my real estate LLC would be on schedule E AND schedule C? The vacant land was purchased to rent out but I never had any interest and ultimately sold it for a profit. The tractor was used to clear and maintain the property but it was also used on other properties that I bought and held to rent out. Those are all on schedule E. I just don't know how to add this tractor asset to Schedule E without attaching it to a single property.
May 15, 2023
1:16 PM