If you run a rental property business, you'll need to understand how a Form 8825 works. We'll explain who needs to fill one out and what you need to include.

2018年7月26日 · All of your rental expenses should be on Form 8825. You should not be reporting rental expenses attributed to your rentals on page 1 of Form 1065. I would put accounting expenses under "Legal and other professional fees". Any expenses that don't fall under one of the categories on Form 8825 can go on a separate line item.

2008年1月31日 · Form 8825 is used by a partnership or s-corporation to itemize income and expenses from rental real estate

2020年9月23日 · Form 8825 is the equivalent of schedule E. Schedule 8825 is used by partnerships and S-corps. Schedule E is used by individuals. With that said - Form 8825 may or may not be correct depending on the extent of the services you provide to your guests. If you are using form 8825 - then there was likely no purpose of the S-corp setup.

2016年9月22日 · 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

2015年1月8日 · After you finish Form 8825, follow the directions on line 21 to transfer your net rental income (loss) to Form 1065. Form 8825 and form 4562 are attached to Form 1065 for submission to the IRS. If you want to do it yourself, TurboTax Business (not the Home and Business version) supports Form 1065 and its associated forms and schedules.

2019年2月10日 · Form 4562 is all done and contains depreciation from our rental properties and one listed property. The deprecation from this form is supposed to go to form 8825 (which then goes to from 1065). However, Form 8825 seems to only include space for individual properties, and the instructions don't mention how to do this for listed property at all.

2025年3月6日 · Form 8825 (Business Tax Return): If rental income is reported under a business entity's tax return (such as an LLC or S-Corp), underwriters do a similar add-back calculation. However, the key difference is that positive rental income from a business tax return generally cannot be used to help qualify for a personal full doc loan —it can only ...

2017年4月24日 · 2. do i put all my depreciation (including sec 179) on 8825 and NOT on 1065 line 12 ? 3. am i correct that for this real estate rental 'business' there will be almost zero entries on form 1065... only sch K line 2 (the total income for both partners) and then again in "analysis of net income" line 2b ii ( i am considering us both active limited ...

2015年4月24日 · My CPA is charging me $750 for my 1120s, form 8825 $1500, and form 4562 $3000. A total of $5250 for 12 properties. Is this what most of you guys pay? Right around $500 per property. At the end of the year I send him a spread sheet with the income and expences broken per property. Please advice.