It's also possible that your 1065 is not as late as one may think, or even late at all. It depends on when the multi-member LLC was created. But assuming you created the LLC in 2021, you are late and are accumulating late filing fees at a cost of $200 per month, per member. So that's $400 a month late filing penalty.
Weather late or not, I always recommend professional help for the very first year so that things are done correctly from the start. Even the tiniest of mistakes can (and usually will) grow exponentially over time. Then when you catch the mistake (usually years down the road when you sell the property) the cost of fixing it will be expensive and make the cost of professional help seem like a pittance in comparison. Especially if your state also taxes personal income. Please seek professional help ASAP.
