Tax Law (Questions About Taxes)/Tax Question



I bought 2 rental properties in 2015. I registered a LLC and bought properties under that LLC. I collect rent and pay expenses through LLC (Single Member). When I am doing my personal taxes the question is

Do I report rental income on Schedule C or Schedule E?
If I used Schedule E there is no place to put EIN for LLC. Does EIN matter?

Thanks for your help.


Thanks for your question.

File it on a Schedule E. Just because it is operating through an LLC does not change the character of the income.

The EIN is not an issue here. For tax purposes, an LLC is considered a disregarded entity, so it is not needed for this schedule.

Hope this helps.

John Stancil, CPA

Tax Law (Questions About Taxes)

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John Stancil, CPA


I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I am Professor Emeritus at Florida Southern College. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a CPA practice, specializing in tax, for over 35 years. I am a member of the National Association of Tax Professionals, The Florida Insititute of CPA's, The NCPE Fellowship. In addition I am a Certified Mentor for SCORE. Visit my website at I also offer seminars and consultations to churches and clergy on their tax issues at Also visit my blog, I am listed on Tax Connections at Prepare and file your own taxes at


I hold a doctorate in Accounting, and am a CPA. My certifications of CIA, CFM, and CMA are inactive. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I have operated a CPA firm for over 37 years and have taught accounting and tax at the college level for over 35 years.

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