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Investors & landlords
@alopez0105 wrote:
It is an LLC , I own the rental property . I will be purchasing another one this year . It will eventually be a chain of rentals belonging to the LLC
In that event, unless you are a real estate dealer or provide substantial services to your renters (such as meals or daily maid service), your rentals would be reported on Schedule E.
‎January 20, 2023
2:02 PM