Carl
Level 15

Investors & landlords

Finally, partnerships do not even file a Schedule E.

Ummmmm. you wanna check that? Last time I reported a rental owned by a multi-member LLC, it was reported on SCH E as a part of that 1065 return. The K-1's that were issued were also reported on page 2 of the SCH E on each partner's personal return. If it's not reported on SCH E, then it's not residential rental property. (But could be something short term like a B&B or an AirB&B rental reported on SCH C)