Filing tax return in state you have p

3 Replies

@Jerry Alvey

I try to always put it to my home state which does not have a state income tax. There are state and local taxes that rental properties have to pay. Fla requires 7% sales tax on commercial rental property. 

@Michael Plante had a good suggestion but I put that on my accountant to figure it out. 

Originally posted by @Jerry Alvey :
If I have an LLC in another state do I have to file a tax return for that state and the state the property is located?

Depends on the state. For example, CA requires reporting and an annual $800 tax on all CA LLCs, even if the property is elsewhere.