Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

LLC member how do you show active participation in rental activity?

Pollodelmar
Level 1
 
Labels (1)
0 Cheers
1 Solution

Accepted Solutions
George4Tacks
Level 15

If you are working from a K-1 that is determined at the entity level, by the code boxes toward the end of the K-1

In 1065, it should be automatic.

If using 1040, Screen 18, Other Information first check box


ex-AllStar

View solution in original post

0 Cheers
1 Reply 1
George4Tacks
Level 15

If you are working from a K-1 that is determined at the entity level, by the code boxes toward the end of the K-1

In 1065, it should be automatic.

If using 1040, Screen 18, Other Information first check box


ex-AllStar

View solution in original post

0 Cheers