Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

228
Posts
42
Votes
Mark Gruetzmacher
  • Investor
  • Box Elder, SD
42
Votes |
228
Posts

Is rental income still considered passive income in a partnership

Mark Gruetzmacher
  • Investor
  • Box Elder, SD
Posted

Hey everyone one. I just formed a LLC for my Buy and Hold properties for myself and my wife. Since it is both of us on the LLC , I assume the IRS will consider us as a partnership since LLC's are disregarded entities. Since it is a pass through entity does the rental income pass through to us on the K-1's. And is it still considered rental income. I know one a single owner LLC it does but is it the same for multi owner LLC?

Thanks

Loading replies...