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May 11, 2021
Question

Closing out LLC in 2020

  • May 11, 2021
  • 1 reply
  • 0 views

I had rental property, which I sold the last one at end of 2019.  How should I reflect 2020 costs related to the business and what forms should I use to record close out the business?

1 reply

DaveF1006
May 14, 2021

It depends. Is this a single member or multi-member LLC?

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cvthom11Author
May 14, 2021

Dave, 

it is a single member LLC.

 

 Thanks