misterot
New Member

Husband and Wife Rental Properties

My wife and I own rental properties.  I have claimed them in the past.  We file separately because of my student loans.  This year we opened an LLC  and all of the profits are in the LLC.     The title of the properties is in my husband's personal name.    However, my wife manages and handles all of it.  Can she claim the mortgage interest and property income and loss on her schedule E due to the fact that the LLC is in her name?  We are in Georgia.

 

Thanks