nzamaray
Returning Member

How to report rental property that belong to the Single Member LLC

Hello,

I purchased several rental properties for my Single-member LLC. I am using Home and Business TurboTax. The Business Profile does not have Rentals. How do I report my rentals?

If I enter them in the Rental section of TurboTax, I do not see any income/loss in the LLC/Business section.

Please advise.

Thank you