Corporation taxes

[sanie]

Hello I own a C Corp and some rental properties which are in my name and not the C corp. I originally reported my income and expenses on the c corp tax return. Is this ok or an issue being that the properties are in my name and not the C corp?

[RobertB4444]

You should transfer ownership to the corporation if that is where you are going to file them but since the rental property income is being taxed then you should be fine.  

Unless someone has issued a 1099-MISC to you personally for the rent that was paid in which case the IRS is going to expect to see that income on your personal return.

@sanie 

[sanie]

The 1098s for the mortgage interest are also deducted on the C Corp return but they are in the individual name and not the C corp. Is this also an issue?  

[RobertB4444]

Not if the C-Corp was the one making all of the payments.  Save and maintain your records in case there are ever any questions.

@sanie