parvitstax
Level 7
02-17-2022
11:58 PM
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I have an LLC that owns my rental property. I know as rental income is passive I report this on Schedule E. Do I have to report my LLC on Federal at all? I can't use Schedule C and I don't see any other way to show Federal my LLC's business is my one rental property. Do I just add the LLC name under the "description" section for Schedule E's property?
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