Tchelo
Returning Member

Investors & landlords

Hi. The LLC is actually formed in and operates in West Virginia. But because we the owners reside in TX, a community property state, the IRS allows us to file under Schedule E.

 

Now that we reside in TN, a non community property state, I know that treating the LLC as a disregarded entity is no longer an option. My understanding from several experts is that we must file 1065 and K-1s. So mu question was regarding those filings. Thanks.