Carl
Level 15

Investors & landlords

Where do I input the information for the rental property?

You still haven't clarified if it's a single member LLC or a multi-member LLC. If a single member, then you're reporting it in one of the personal versions of Turbotax, be it Deluxe, Premier, Home & Business, etc. You'll report it in the Rental & Royalty Income (SCH E) section of the program.

With Self-Employed (online) or Home & Business (Desktop) it's under the business tab. with all other versions it's under the Personal Income tab.

Understand that the IRS consider's an LLC to be a disregarded entity. Therefore the IRS does not recognize your LLC as a separately taxable entity. Additionally, your LLC will *NOT* protect your personal assets to the degree you may have been mislead to believe it will.