LLC tax due for reasl estate company

Forum|Forum|1 year ago
March 13, 2025
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Hello

I owned the real estate company under LLC . do I have to file tax return as corporation and due march 15 ?

PaulaM

Employee

That depends on your LLC classification and number of members. Single member LLC's can file as a 'disregarded entity' and your business operations then falls under a schedule C on your personal return with April due date.

Members of two or more are automatically regarded as a partnership unless you elect to be treated as a corporation by filing Form 8832. The deadline to file for partnerships and S-Corps is March 17th this year.

If you are not a single member LLC, you may wish to file an extension with Form 7004. This form cannot be efiled and I recommend retaining proof of mailing.

Limited liability company (LLC)

Form 7004

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