Single Member LLC Schedule E 2013 Schedule C 2014
I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way to go.
All the rental property ( three homes ) were quick claimed to my Califonia LLC. The are losses that need to be passed through to my personal income. Which is the more correct filing form? What is the maximum loss that may be passed through from the LLC to the personal return?
Thank you in advance for your replies.