How do I enter a rental property under Self-employment income

Forum|Forum|4 years ago
April 18, 2022
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I created a single member LLC for the rental property income business. I have the self employed turbo tax. And I can either enter the LLC under Self-employment OR i can enter a rental property under my personal items. I want the rental property under the LLC. Thanks.

TurboTax Self Employed Online

ColeenD3

It doesn't matter if you have an LLC (single-member), rental income is still entered on Schedule E.

To get to the rental section:

Continue your return in TurboTax Online. (If your return isn't open, you'll need to sign in and click Take me to my return.)
Click My Account (top right of your screen).
Select Tools.
In the pop-up window, select Topic Search.
In the search bar, type rental.
Scroll down in the results box, highlight rental (schedule e), then click GO.
You'll land on Income from Rentals or Royalty Property You Own. Click Yes.