Hal_Al
Level 15

Investors & landlords

For income tax purposes, a single member LLC is a disregarded entity.  You report the income on your personal tax return as normal income.  For rental income, this means the income and expenses are reported on Schedule E.

 

In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in  Home & Business)

 - Wages & Income

Scroll down to:

-Rentals & Royalties