Client started a business for property investing. After taking expenses on past tax returns, she now purchased a rental home she found. The 1099misc for rental income has the businesses name but her social security number on it. Not sure whether to put this on a Schedule C or an E.
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Rental income goes on Sch E.
"The 1099misc for rental income"
The Services she provides would be the Sched C, but the property is personal investment. Realize the Sched C is a disregarded entity, so there is not really a "business" for investing. There is only a business if she provides Services for the property, such as running a B&B.
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