I formed an LLC to hold my entire real estate portfolio, does this legal structure change how my rental income is actually taxed at the federal level?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

An LLC used to hold rental property often changes the legal and administrative setup, but the federal tax treatment of the rental income can still depend on how the entity is classified and how the activity is reported. The answer typically turns on factors such as whether the LLC is treated as disr For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.