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Investors & landlords
Not sure what you mean by "ignore the 1099-Misc," however, you would include the income on Schedule E, which it appears you are doing. If the 1099-Misc were issued to your LLC with the incorrect EIN, then perhaps the best option is to have the individual who prepared the 1099-Misc to issue an amended 1099-Misc with the correct EIN. Keep in mind that the IRS should have also received the 1099s at issue and consequently when you file your return, the income you include on your return will not match with the EINs (1099s) already submitted to the IRS. Thus, get corrected 1099s.
Yes, your LLC does appear to be a disregarded entity. Your living trust with you as the grantor still represents just one member, and therefore, as a single member LLC, your LLC is a disregarded entity.
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