My boyfriend and I started an LLC (each deposited $500) to rent out our houses, but never transferred the titles of the properties to the LLC. He ended up using a property management company to rent his house, but rent payments for my property were sent to and withdrawn from a bank account setup for the LLC. The income was maybe $600 and the loss will likely be greater. How do we file for this? I feel like $150 to file for a business is a lot when we've already lost money!
