Level 11
12-07-2020
10:40 AM
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They can't all be 1065s. The 100% owned LLCs are either disregarded entities or C-corps, and your initial comment implied that they were disregarded.
Are the lower level businesses carrying out activities that would normally be on an 8825 (rentals), or on page 1 (non-rental trade or business), or Schedule K (investment activities)?