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Investors & landlords
Thanks for the clarification! The accountant is actually putting it under Rental Income on our taxes, and I can't understand why. My sister is another LLC member and is speaking with the accountant regarding this--concerns me a bit that she thinks it should be entered there. My sister is going to ask her to remove it. We have other rental properties separate from the LLC properties, and we do our own taxes for those, so this is helpful to know.
March 7, 2024
9:40 AM