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Investors & landlords
Assuming the LLC is a multi-member LLC, the business will issue a K-1 to each member showing their share of income, expenses, losses, and carry overs. When you enter that K-1 on your personal 1040 tax return, anything related to the rental will appear on page 2 of the SCH E.
‎April 20, 2021
3:55 PM
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