Just-Lisa-Now-
Level 15
01-07-2020
06:21 PM
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"The rental property has been depreciated during the duration of the LLC existence on the yearly tax return of the LLC Partnership Return."
"Since an LLC can not depreciate property that it does not hold a title to and the sale of the property is in the names of the LLC members it must be handled on their personal returns."
Im so confused.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪