Hello- and thank you!
1) Form 8825- I was under the impression this form was only to be completed if the rental property is owned through the partnership? As this is considered passive income, if you placed this on the form 8825 and it counted as rental income on form 1065 then would the gross receipts/sales on form 1065 line 1 be “0” since the LLC only made rental income and no other income.
