Hi all,

I have an Illinois resident who formed a Michigan LLC along with two Michigan residents to invest in rental property in MI.  In 2020 the profit from the rental is $8,000 of which 50% belongs to the IL resident.  MI does not require a tax return for the LLC so my client is going to get a Federal K-1 allocating him $4,000 of income which needs to be reported in MI.  However there is no MI K-1 or any reporting to that effect.  How would you guys handle this?  Proseries only has a module for "Michigan Business Returns" and it does not appear helpful in this context.  Thanks for any advice!

Mario