Can an SMLLC which invests in another LLC 12% stake, $200K invested, received a K-1 for a $67K loss. Sch C or other steps? MARK GILL, CPA - Intuit Accountants Community

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Can an SMLLC which invests in another LLC 12% stake, $200K invested, received a K-1 for a $67K loss. Sch C or other steps? MARK GILL, CPA

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