https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/llc-owned-by-husband-and-wife-with-one-rental-property/01/728419#M32375 <P>Owned rental property for several years but created LLC in 2017 for it. Rental property is still in our name and not LLC. Do we fill out a Scehdule E like in years past because of rental property or do we switch to a K1 and 1065 because the LLC is owned equally by husband and wife. When I did a search I found some say E and some say K.&nbsp; Confused please help.<BR /></P> Thu, 06 Jun 2019 15:50:30 GMT kspiero2324 2019-06-06T15:50:30Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/llc-owned-by-husband-and-wife-with-one-rental-property/01/728419#M32375 <P>Owned rental property for several years but created LLC in 2017 for it. Rental property is still in our name and not LLC. Do we fill out a Scehdule E like in years past because of rental property or do we switch to a K1 and 1065 because the LLC is owned equally by husband and wife. When I did a search I found some say E and some say K.&nbsp; Confused please help.<BR /></P> Thu, 06 Jun 2019 15:50:30 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/llc-owned-by-husband-and-wife-with-one-rental-property/01/728419#M32375 kspiero2324 2019-06-06T15:50:30Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-personally-own-the-property-and-not-the-llc-then-y/01/728424#M32377 <P>If you personally own the property and not the LLC then you should be filing a Schedule E to report income and expenses.&nbsp;</P><P>If the LLC owns the property then you would get a K-1 and the LLC would report income and expenses.&nbsp;</P> Thu, 06 Jun 2019 15:50:32 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-personally-own-the-property-and-not-the-llc-then-y/01/728424#M32377 Vanessa 2019-06-06T15:50:32Z