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Does Car Wash/Laundry income/expenses belong on Form 8825 or pg1 1065? I have a LLC client who owns rental real estate with a Car wash/Laundry on the property.

Anonymous

Forum|Forum|6 years ago

December 7, 2019

Solved

Does Car Wash/Laundry income/expenses belong on Form 8825 or pg1 1065? I have a LLC client who owns rental real estate with a Car wash/Laundry on the property.

Forum|Forum|6 years ago
December 7, 2019
1 reply
6 views

New client had previously reported rental income and Car Wash/Laundry income on 1065 8825. Should the Car Wash and Laundry be treated as ordinary income?

ProConnect Tax Online

This topic has been closed for replies.

Best answer by IRonMaN

If he is the one actually selling the car washes, yes.

1 reply

IRonMaNAnswer

Level 15

Forum|Forum|6 years ago

December 7, 2019

If he is the one actually selling the car washes, yes.

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