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Rental real estate separation (net passive income)
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Rental real estate separation (net passive income)
Rental real estate separation (net passive income)
Submitted by Intuit Tax Advisor Team on 02-14-2023 07:35 PMThe use of a Series LLC to hold real estate allows each series to elect to be taxed at the corporate rate and the accumulation of income up to $250k per series without tax implications.
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