How to File a Tax Return for a Single Member LLC

The LLCs make a lot of sense because they're pretty simple. A single member LLC that owns rental property will not income, it's completely sub differently than if you are an active and property management. The nice part about a multi member LLC not to start not to go from advanced or to basic, from basic to advanced with amulti member LLC,. It does allow you some more flexibility when you're shifting income between members.