Solved: MULTIPLE RENTAL PROPERTIES OWNED BY ONE LLC

woodchelle · ‎12-07-2019

Client has 4 rental properties, 3 residential rental and 1 commercial rental, owned by a single llc. Should a separate schedule E be prepared for each property?

Just-Lisa-Now- · ‎12-07-2019

Each rental property should have its own Schedule E worksheet, yes.

You'll end up with 2 actual Schedule E's, since each Sch E can show up to 3 properties on it.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Just-Lisa-Now- · ‎12-07-2019

Each rental property should have its own Schedule E worksheet, yes.

You'll end up with 2 actual Schedule E's, since each Sch E can show up to 3 properties on it.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

MULTIPLE RENTAL PROPERTIES OWNED BY ONE LLC

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