BobKamman
Level 15
03-16-2022
12:57 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If you're filing the 8283 with a 1040, use the SSN. But why was it in an LLC? Is he in the business of buying and selling (or donating) real estate? Or did he just go to some seminar where an "expert" told him an LLC is cheaper and better than liability insurance? Make sure this was a capital asset and not inventory.