I have a 1099-misc for a commercial rental property under my llc. do i include the 1099-misc amount under self-employed or simply as a rental property.

mkim041 · ‎April 9, 2022

i use my llc for other busn expenses such as travel, mileage, etc.. if i leave my 1099-misc under rental property, i these expenses in my llc will show a loss yr over yr.

ZoltanB45 · ‎April 10, 2022

The 1099 is for rents received so it would go on schedule E. I am assuming that the LLC is single member and not a partnership. Put it in the rental property section.

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JohnB5677 · ‎April 10, 2022

Please clarify what the 1099-MISC is for?

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mkim041 · ‎April 10, 2022

Commercial real estate rents from my property management co.

ZoltanB45 · ‎April 10, 2022

The 1099 is for rents received so it would go on schedule E. I am assuming that the LLC is single member and not a partnership. Put it in the rental property section.

mkim041 · ‎April 10, 2022

Thank you!

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I have a 1099-misc for a commercial rental property under my llc. do i include the 1099-misc amount under self-employed or simply as a rental property.