- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
One LLC with multiple Rentals - where to book overhead costs?
Hello, I have a multi-member LLC with multiple rentals. I have annual overhead expenses such as the registration for the LLC, tax prep expense, etc. Can I just pick which property to assign these expenses to or must I divide them up or where do they go? The properties are in different states so maybe I take the expenses against the property in the state with the higheset state tax? I am using TT Business. Thanks for any advice!
Topics:
‎January 30, 2021
3:03 PM