MOBEE Posted March 12, 2017 Report Share Posted March 12, 2017 Taxpayer has set up LLC for all rental properties and is reporting all income and expense on schedule E. Should all information for the 4 rental houses be entered as just one item titled as the LLC Properties name.... or should each house be reported separately - each in its own column on schedule E. Quote Link to comment Share on other sites More sharing options...
Pacun Posted March 12, 2017 Report Share Posted March 12, 2017 I would do each property since you will not sell them in bulk. It is easier for depreciation if you list them individually. Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted March 12, 2017 Report Share Posted March 12, 2017 Agree with Pacun. Each property should be listed in each column. Quote Link to comment Share on other sites More sharing options...
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