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Old 01-12-2005, 08:58 PM
Tom Healy
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Default Re: LLC as disregarded entity

- quote -

> For a single member LLC I know it has a disregarded status
> for my taxes. Does that mean that my LLC does not even show
> up in my taxes. It is for rental properties so would
> everything just be listed through Schedule E recordings like
> I just own them personally without the LLC? > > <BR> <BR

Yes.

--
Thomas E Healy, CPA, PC
1650 38th St., Ste 202W
Boulder, CO 80301
Please send email to: tom[at]tomhealycpa.com, since I block all email at my
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phone (303) 443-1804
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  #2  
Old 01-07-2005, 04:28 PM
Harlan Lunsford
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Default Re: LLC as disregarded entity

Gus wrote:

- quote -

> For a single member LLC I know it has a disregarded status
> for my taxes. Does that mean that my LLC does not even show
> up in my taxes. It is for rental properties so would
> everything just be listed through Schedule E recordings like
> I just own them personally without the LLC?


Yep, that's where it shows up, on schedule e.

ChEAr$,
Harlan Lunsford, EA n LA
Thu, 6 Jan 2005

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  #1  
Old 01-07-2005, 04:27 PM
Katie
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Default Re: LLC as disregarded entity

Gus wrote:

- quote -

> For a single member LLC I know it has a disregarded status
> for my taxes. Does that mean that my LLC does not even show
> up in my taxes. It is for rental properties so would
> everything just be listed through Schedule E recordings like
> I just own them personally without the LLC?


Yes. That's what it means for the LLC to be disregarded.
It is treated as if it did not exist as an entity separate
from yourself.

Katie in San Diego

The foregoing is intended for educational purposes only and
does not constitute legal or professional advice.

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Old 01-07-2005, 04:08 PM
Gene E. Utterback, EA
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Default Re: LLC as disregarded entity

"Gus" <Gus_The_Dog[at]yahoo.com> wrote:

- quote -

> For a single member LLC I know it has a disregarded status
> for my taxes. Does that mean that my LLC does not even show
> up in my taxes. It is for rental properties so would
> everything just be listed through Schedule E recordings like
> I just own them personally without the LLC?


A SMLLC holding rental properties would be reported using
Schedule E.

Gene E. Utterback, EA

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  #-1  
Old 01-04-2005, 07:02 AM
Gus
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Default LLC as disregarded entity

For a single member LLC I know it has a disregarded status
for my taxes. Does that mean that my LLC does not even show
up in my taxes. It is for rental properties so would
everything just be listed through Schedule E recordings like
I just own them personally without the LLC?

Thanks, Gus.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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