Name and Employer ID number for this Rental

Porsche993 · ‎March 15, 2023

TT is asking if this rental is operated through a Single Member LLC. What does that mean? I was operating under a Business name and EIN number.

Thanks,

Ken

HelenC12 · ‎March 15, 2023

If you formed a LLC under your state's law and you are a sole proprietor, for tax purposes, you are a Single Member LLC.

If you are doing business as a Doing Business As (DBA) and did not form an LLC under your state's law, you are not a Single Member LLC.

Please see the TurboTax article, LLC Tax Filing Rules, for additional information.

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