Mar 28, 2025
2:43:11pm
2:43:11pm
An S corp should never own real estate. It will cause major problems at the
client’s death.
Yes, schedule E (not C) is required for a disregarded entity, but that is the case even if no LLC. I wouldn’t say it’s the same as an s corp or LLC taxed as a partnership in which case you need to file extra returns, track outside basis, etc.
Yes, schedule E (not C) is required for a disregarded entity, but that is the case even if no LLC. I wouldn’t say it’s the same as an s corp or LLC taxed as a partnership in which case you need to file extra returns, track outside basis, etc.
Originally posted on Mar 28, 2025 at 2:43:11pm
Message modified by RBLegend on Mar 28, 2025 at 2:43:58pm
Message modified by RBLegend on Mar 28, 2025 at 2:47:46pm
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