NASSAUSUFFOLK

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  • 1.  Personal Residence Owned By An LLC

    Silver Most Valuable Member
    Posted 09-03-2014 11:05 AM
    This message has been cross posted to the following Discussions: ncCPAp on the GO! and NASSAUSUFFOLK .
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    Does anyone have experience with a personal residence owned by an LLC where the member pays a market rent to the LLC? If so would appreciate a call to discuss some issues and if there is a filing requirement.

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    Peter Morse
    CPA
    PETER B. MORSE, CPA
    Huntington NY
    pmorsecpa@morsecpa.com
    631-549-5950
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  • 2.  RE: Personal Residence Owned By An LLC

    Platinum Most Valuable Member
    Posted 09-03-2014 02:12 PM
    Peter:

    The LLC is a disregarded entity so there is nothing to report. 

    Robert

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    Robert Brown
    ROBERT N. BROWN, CPA
    Jericho NY
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