Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 8 years ago on . Most recent reply

User Stats

93
Posts
23
Votes
Saran Mandhadapu
  • Devon, PA
23
Votes |
93
Posts

Partnership Return 1065 -- Form 8825 question - HELP!!

Saran Mandhadapu
  • Devon, PA
Posted

Hello,

I have a holding company LLC with two members as Partnership.

I have one property purchased in the name of another single member LLC (for ex 123 Main LLC) with the single member being the Holding LLC (100% owner is holding LLC).

I also formed another LLC (dummy LLC) as a single member being the Holding LLC (100% owner is holding LLC). This dummy LLC has not purchased any properties in 2016 and does not have any income but has expenses of $275 (LLC formation expenses)

Total 3 LLC's, out of which 2 are single member dis-regarded LLC's and one is partnership holding LLC.

Question:- I am preparing Partnership return 1065 for the Holding LLC, how do I list the dummy LLC in form 8825? What address do I list for this LLC because this LLC does not own any properties at this time, so no income but with an expense of $275 for 2016.

Appreciate your quick response.

Thanks,

Saran

Loading replies...