How can I get TT to view my rental income as a business versus treating it as individual income?

[john-bh-jacobson]

I use TT Home & Business.  My rental business is a true LLC.  I like the questionnaire with rental properties to easily identify common rental deductions.  When I use this rental questionnaire it treats this as additional income associated with me. 

However, I'm not seeing this type of questionnaire listed within the business section.  Since it is truly a rental business, I would like to deduct the common rental deductions (depreciation), but also take advantage of business deductions such as SEP IRA.

[Hal_Al]

What do you think makes it a business, for Schedule C, rather than a Schedule E rental? The ownership being an LLC does not make it a business. To be a business, you must be providing some sort of services.
See <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/2987453-i-own-a-few-rental-properties-should-i-use-schedule-c-or-s...>

[VolvoGirl]

And what kind of LLC?  You might need to file a separate Business return for it like a 1120 S or C corp or 1065 Partnership/LLC

[TaxGuyBill]

Although it could be a "business", it is NOT entered as a "business" (Schedule C) unless you provide "services" (such as maid service or meals) to your tenants.  If you do not provide those "services" to your tenants, it is entered as a rental on Schedule E.

If it is not on Schedule C, you are not eligible to contribute to a SEP IRA based on that income.

[Hal_Al · Accepted solution]

Answered in the comments