I have something new to me. My clients, husband and wife, formed an LLC with the two of them as the only members. The LLC was formed for their rental property. The rental property deed and mortagage are in the name of the LLC. I understand that the husband and wife LLC is considered a qualified joint venture. In this case, should I complete a 1065 or complete either Sch C or E on their personal return? The do file MFJ. Any help would be greatly appreciated.