https://ttlc.intuit.com/community/taxes/discussion/re-llc-question/01/9266#M5320 <P>All of them. All 5 will issue a K-1 to the master LLC which the master will report on that return. Then the master will issue you a K-1 which you will report on your personal tax return.</P><P>This is assuming ALL LLCs are partnerships and/or have elected to be treated "like an S-Corp" for tax purposes only.</P><P>&nbsp;</P> Sat, 19 Jan 2019 23:01:48 GMT Carl 2019-01-19T23:01:48Z https://ttlc.intuit.com/community/taxes/discussion/llc-question/01/9255#M5319 <P>I have 5 rental properties in their own LLC, and then a Master LLC over all of them. &nbsp;&nbsp; Do I have to do a tax return for each LLC or just the master LLC.</P> Sat, 19 Jan 2019 19:40:03 GMT https://ttlc.intuit.com/community/taxes/discussion/llc-question/01/9255#M5319 andersonapartments 2019-01-19T19:40:03Z https://ttlc.intuit.com/community/taxes/discussion/re-llc-question/01/9266#M5320 <P>All of them. All 5 will issue a K-1 to the master LLC which the master will report on that return. Then the master will issue you a K-1 which you will report on your personal tax return.</P><P>This is assuming ALL LLCs are partnerships and/or have elected to be treated "like an S-Corp" for tax purposes only.</P><P>&nbsp;</P> Sat, 19 Jan 2019 23:01:48 GMT https://ttlc.intuit.com/community/taxes/discussion/re-llc-question/01/9266#M5320 Carl 2019-01-19T23:01:48Z