Posted by William Bronchick on September 07, 2005 at 20:38:07:
If it is a rental property and you are the beneficiary, you would report on Schedule E, Rental Real Estate.
Mr. Bronchick–>Land Trust and EIN - Posted by Rainbow
Posted by Rainbow on September 01, 2005 at 23:58:15:
Dear Mr. Bronchick,
In perusing the archives I came accross one of your posts directing us an article written by you. (about Land Trusts and Personal Property Trusts)
According to those articles, Properly created Land Trusts and Personal Property Trusts don’t need EIN and are reported in the beneficiaries 1040, correct?
My question----->where on the 1040?