Thanks for the reply. I understand that next year the rental property is filed on a Schedule E, with my and my spouse reporting our interests as separate properties on a single Schedule E. It was purchased in the name of the LLC from the beginning. However, improvements were not done by the end of 2019, so the property was not available the whole year. Because of this my understanding is I cannot file a Schedule E for the property this year. I am unsure how to file to claim the mortgage interest and property tax for the property this year since it is owned by the LLC, and we would normally file as a QJV.
