my llc owns 2 rental properties do i include the rent payment in the business income
do i include rental income in my business income on schedule c or only enter on schedule e
do i include rental income in my business income on schedule c or only enter on schedule e
Schedule E unless you provide substantial services (see link below) to your tenants or you are a real estate dealer.
https://www.irs.gov/publications/p527#en_US_2020_publink1000234065
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