I have another entity that is a LLC and it does not stand for a Corporation - it is a single member LLC? It stands for Company not Corporation????? Wow, even I know that.
I think the questions was misunderstood here I am more concerned on if a "tenancy in common" can file the income and expenses from rental property on a form 1065 or does it go on each individuals personal taxes as a School E? I am getting conflicting items when I visit IRS and various other sites. If it goes on each individuals personal return, what do we file for the partnership? https://clarknuber.com/articles/will-the-irs-uphold-your-tenancy-in-common-structure/
