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    How to report a Series LLC used for rental properties?

    dvieyra7
    Level 1
    ‎12-07-2019 06:59 AM

    Does each property/child/cell get reported separately on Schedule E? Or does the parent company report all activity for multiple rentals? How would Part I be filled out on Schedule E if only the parent company reports the activity?

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    itonewbie
    Level 15
    ‎12-07-2019 06:59 AM

    Are any of these disregarded entities?  Whoever put together this multi-tier structure for whatever reason should have an answer to how it's all intended to work.

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    Still an AllStar

    View solution in original post

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    2 Comments 2
    Just-Lisa-Now-
    Level 15
    Level 15
    ‎12-07-2019 06:59 AM
    Looks like In CA they are all treated as individual businesses.
    https://www.nolo.com/legal-encyclopedia/what-is-series-llc.html

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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    itonewbie
    Level 15
    ‎12-07-2019 06:59 AM

    Are any of these disregarded entities?  Whoever put together this multi-tier structure for whatever reason should have an answer to how it's all intended to work.

    ---------------------------------------------------------------------------------
    Still an AllStar
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