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Do I have to convert all rental schedule E to Schecule C, business became LLC Sole Proprietorship

cm1
Level 1

Rental property owner changed to LLC sole proprietor, was doing them on schedule E, How to change name and property to schedule c

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TaxMonkey
Level 8

No, it would generally be improper to report an rental activity on the Schedule C.

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15
Rentals can be held in an LLC, what makes it a Sch C business?  

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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TaxMonkey
Level 8

No, it would generally be improper to report an rental activity on the Schedule C.

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