Updated about 9 years ago on . Most recent reply
Seller Doesn't Have Schedule E?
I have a 4plex in contract now and we are trying to verify all the income and expenses. The buildings held in an LLC and we've been asking for the schedule e but the sellers told us "We don't file a separate tax for the company. It's an addendum to our personal tax."
They've sent us all the lease agreements and P&L from their management company. Is there something fishy going on I should look out for?
Thanks!



