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Does Car Wash/Laundry income/expenses belong on Form 8825 or pg1 1065? I have a LLC client who owns rental real estate with a Car wash/Laundry on the property.

Anonymous
Not applicable

New client had previously reported rental income and Car Wash/Laundry income on 1065 8825.  Should the Car Wash and Laundry be treated as ordinary income?

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IRonMaN
Level 15

If he is the one actually selling the car washes, yes.


Slava Ukraini!

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1 Comment 1
IRonMaN
Level 15

If he is the one actually selling the car washes, yes.


Slava Ukraini!
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