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September 11, 2019
Question

I own an LLC that owns some property - where do I declare?

  • September 11, 2019
  • 1 reply
  • 0 views
Do I declare under self-employment or under rental property?

1 reply

Employee
September 11, 2019

@danielabud wrote:
Do I declare under self-employment or under rental property?

Is it rental real estate? If so, enter that under Rental Properties and Royalties (Sch E).

September 11, 2019

Yes but it's owned by the LLC and the mortgage is under the LLC as well

Employee
September 11, 2019

It is still entered in the Rental section of the program.