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Old 03-04-2019, 10:20 PM
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entering depreciation on irs 1065
My wife and I have an llc for managing our rental properties. Where do we compute and enter the depreciation on the form 1065


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Old 03-05-2019, 02:13 PM
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your llc is a mmllc , a partnership, required to file f1065, not sch c of 1040, then, Residential Rental activity is reported on Sch E, found under the Rental Properties section of Business Income. the activity is entered in this section and not on Sch C of 1040.


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