LLC Filing
I formed an LLC in October 2015 & this is my first time filing. I have not yet transferred my rental properties under my LLC. Below are my questions:
- Me & my wife are members of the LLC. I assume that this means it is a multi-member LLC. Can anyone please confirm?
- Should I report the income & expense under the LLC or under my personal returns as the properties are still in my name.
Dinesh.