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June 6, 2019
Question

I have a sole member LLC for my rental property. However, on in TurboTax , I ente rthe rental property stuff under personal. But when I put in information for the LLC, I do not see anywhere to put the rental information. It is just general business q

  • June 6, 2019
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1 reply

Employee
June 6, 2019

A Single-Member LLC that has not made an election to be taxed as a corporation is pretty much just ignored for tax purposes.  That mean you just enter it in the rental section as if the LLC does not exist.