Investors & landlords


@cassieerne wrote:

If the home was not owned legally by the business why would that go on the 1065’s if the LLC didn’t sell it?  Only two members of 6 of members were on the deed/title from the time it was purchased to the time it was sold.  


 

If the home was not legally owned by the business/LLC, why have you EVER filed a 1065 to report the business/rental?

As was mentioned before, go to a professional.