I have a client who owns rental real estate in their LLC.  The LLC is owned 43.5% by husband, 43.5% by wife, and 13% is owned by minor child who is a dependent (she is 3 years old).  Do I need to do a separate tax return (1065) for this LLC or can it be on Schedule E?  

Also, I understand that this shouldn't trigger the child to do a tax return unless the net income is over $1100.