A HOUSE RENTAL AS AN INVESTMENT REGISTER UNDER LLC CORPORATION, CAN I WORK IT IN SCHEDULE 'C' OR 'E' ?

[nellykleinerman]

TAXPAYER LIVING IN MASSACHUSETS , BUY A HOUSE IN VERMONT  AS AN IVESTMENT TO RENT REGISTER IN THE COMMONWEALTH OF MA AS LLC CORPORATION  ,  HOW CAN  WORK THIS PROPERTY IN THE 2023 , 1040  PERSONAL INCOME TAXES ?

[Just-Lisa-Now-]

No, you cant put it on the C or E of the 1040, the corporation is a separate entity.

Is it an S-Corp or a C-Corp?  Whos preparing/filing the corporation return?

[sjrcpa]

What's an LLC Corporation?

Is it an LLC that elected to be taxed as a Corporation?

If it is not, how many people own the LLC/

[BobKamman]

You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

[IRonMaN]

I'm sitting on the edge of my seat, eating popcorn, waiting to see if we will get more information or if this movie is just going to end as a cliffhanger.🍿