Two questions.
The first is a similar question to the original post, I want to report the sale of LLC real estate, the only difference is I had a 1099-S issued for a "single-member" LLC. How do I do that?
You see, I usually reported rental proceeds and depreciation etc for the property on a "personal joint" tax return, and now my 1099-S is issued with the LLCs name and EIN. So where do I report it on my joint return? I also figure cost basis will also be on those personal returns so I want it accurately matched up.
I also don't want the IRS looking for a tax return to be fined under my LLC's EIN. I want to be able to combine it if allowable.
Thank you.
