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Updated over 5 years ago on .
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Property in LLC then renting
I'm in Louisiana. I have one mobile home that is in my LLC that I am currently renting out. I bought another mobile home that I will be moving in that i also put in my LLC. I will rent out my house since I'm moving into mobile home # 2.
How do I do my taxes for collecting rents?
Will I get tax benefits?
Is this even legal to do?