We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

No, this is not a deductible item for the LLC and cannot be entered anywhere. Since an LLC is a flow-through entity, this simply is you giving your mother money.

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

No, this is not a deductible item for the LLC and cannot be entered anywhere. Since an LLC is a flow-through entity, this simply is you giving your mother money.

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

Does she have to claim it on her return?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

No, it is a gift from you. Gifts are not taxable to the recipient

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

Is Mom a member of the LLC?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

No.

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

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We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

We transfer money to our mother each month from our llc owned residential rental. Do I need to report this? If so, how?

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