6 rental homes under a LLC, still passive landlord

Thanks. I found the old post. It is nice to know I do not have to file 1099.

I have 6 rent houses under an LLC and all bought in 2011 and spent a lot of money repairing. I have their invoices and records of my canceled checks. May I deduct the costs based on the invoices and the canceled checks.

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• I think so,but you need to confirm with your accounting -小心翼翼的小地主- ♀ (0 bytes) () 01/19/2012 postreply 14:44:24