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Updated about 11 years ago on . Most recent reply

Jack Slattery's profile image
Jack Slattery's profile image
Jack Slattery
  • Investor
  • from Springfield , Ohio
  • Member since Mar 3, 2014

User Stats

32
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22
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Jack Slattery's profile image
Jack Slattery's profile image
Jack Slattery
  • Investor
  • from Springfield , Ohio
  • Member since Mar 3, 2014
Jack Slattery
  • Investor
  • Springfield , OH
22
Votes |
32
Posts
General Landlording & Rental Properties

LLC Question

Jack Slattery
  • Investor
  • Springfield , OH
Posted

A friend of mine has an LLC that he has never filed a tax return on. Is that legal?

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Mark Whittlesey's profile image
Mark Whittlesey's profile image
Mark Whittlesey
  • Real Estate Investor
  • from Encinitas, California
  • Member since Aug 29, 2013

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Mark Whittlesey's profile image
Mark Whittlesey's profile image
Mark Whittlesey
  • Real Estate Investor
  • from Encinitas, California
  • Member since Aug 29, 2013
Mark Whittlesey
  • Real Estate Investor
  • Encinitas, CA
91
Votes |
225
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Mark Whittlesey
  • Real Estate Investor
  • Encinitas, CA
Replied

It depends. How many members are there? My LLC for example is a pass through entity...

More info here:

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Single-Member-Limited-Liability-Companies

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