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Old 02-15-2012, 02:35 PM
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Join Date: Feb 2012
Posts: 4
Car Rental and LLC

I have a LLC that rents cars to indepenant contractors as taxi cabs. I do not employ anyone, I only have the vehicle to rent and they pay me a rental fee on a weekly basis. Where would I report this, is it rental property or is it business income etc. Any help would be appreciated, I am using turbo tax.

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