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Yes, if you are the sole owner of the LLC, all the Rental Properties are considered to be owned by you. A single-member LLC is "disregarded" by the IRS, meaning that you and the LLC are one entity as far as the IRS is concerned.
If, however, the LLC is owned by several members, it must file a separate tax return. In that case, you would enter the information from Schedule K-1 from the LLC, rather than entering the rental activity.
Yes, if you are the sole owner of the LLC, all the Rental Properties are considered to be owned by you. A single-member LLC is "disregarded" by the IRS, meaning that you and the LLC are one entity as far as the IRS is concerned.
If, however, the LLC is owned by several members, it must file a separate tax return. In that case, you would enter the information from Schedule K-1 from the LLC, rather than entering the rental activity.
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