which state?

Joint Ownership of LLC by Spouse in Community Property States

Rev. Proc. 2002-69 addressed the issue of classification for an entity that is solely owned by husband and wife as community property under laws of a state, a foreign country or possession of the United States.

If there is a qualified entity owned by a husband and wife as community property owners, and they treat the entity as a:

• Disregarded entity for federal tax purposes, the Internal Revenue Service will accept the position that the entity is disregarded for federal tax purposes.
• Partnership for federal tax purposes, the Internal Revenue Service will accept the position that the entity is partnership for federal tax purposes.

https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-companies

 

https://www.irs.gov/businesses/small-businesses-self-employed/election-for-married-couples-unincorporated-businesses#:~:text=A%20qualified%20joint%20venture%20is,be%20treated%20as%20a%20partnership.

 

所有跟帖： 

• Michigan. Thanks. -紫色風裙- ♀ (0 bytes) () 01/16/2023 postreply 12:33:27

• I should be able to deduct 20k, if I understand it correctly -紫色風裙- ♀ (71 bytes) () 01/16/2023 postreply 13:11:48

• I am not too sure. -檸檬椰子汁- ♂ (580 bytes) () 01/16/2023 postreply 14:07:54

• 有3點要注意就可以了。1，750小時的地產相關工作。2，主業是地產工作。3，100小時的親手做的地產工作。 -Runnymede- ♂ (166 bytes) () 01/16/2023 postreply 18:34:00