Pass Through Income

[Kevin Van Ness]

I have several rental properties but have never formed an LLC. With the new tax law coming I keep hearing about the pass through income for LLCs. I am wondering how I am currently taxed on the profits I make from my rental income and if now forming an LLC would benefit me or if I am already in line to receive the pass through deduction of income since the income I make from the rentals is already reported directly in my personal income taxes.

Thanks for your help in helping me understand this.  I can't find information anywhere on the Internet telling me one way or the other.

[Lance Lvovsky]

Dave, rental income will continue to be exempt from self employment tax