https://ttlc.intuit.com/community/taxes/discussion/one-member-llc/01/10558#M5897 <P>Mr " X" formed one member LLC. The nature of business is Real Estate. The LLC buys, sells and rents houses. Currently it has 5 houses and all of them are rented. So the LLC has $30000 from rent. where to report his LLC income ?</P> Fri, 01 Feb 2019 17:29:13 GMT hasanfaisal 2019-02-01T17:29:13Z https://ttlc.intuit.com/community/taxes/discussion/one-member-llc/01/10558#M5897 <P>Mr " X" formed one member LLC. The nature of business is Real Estate. The LLC buys, sells and rents houses. Currently it has 5 houses and all of them are rented. So the LLC has $30000 from rent. where to report his LLC income ?</P> Fri, 01 Feb 2019 17:29:13 GMT https://ttlc.intuit.com/community/taxes/discussion/one-member-llc/01/10558#M5897 hasanfaisal 2019-02-01T17:29:13Z https://ttlc.intuit.com/community/taxes/discussion/this-is-dis-regarded-entity-for-tax-purposes-you-fil/01/807553#M319786 <P>This is dis-regarded &nbsp;entity for tax purposes --- you file a schedule -E covering all the rental properties and schedule-D for buying and selling realestate. &nbsp;</P><P>Is this what you meant ?</P> Tue, 11 Jun 2019 16:13:32 GMT https://ttlc.intuit.com/community/taxes/discussion/this-is-dis-regarded-entity-for-tax-purposes-you-fil/01/807553#M319786 pk 2019-06-11T16:13:32Z