Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

25
Posts
7
Votes
Matthew Walsh
  • Real Estate Agent
  • Virginia Beach, VA
7
Votes |
25
Posts

Unused LLC and taxes

Matthew Walsh
  • Real Estate Agent
  • Virginia Beach, VA
Posted

I have an LLC which was created this year, for a deal that fell through day before closing. There have been no transactions-no income no bank - but I want to keep it open for another deal. Do i have to file taxes on it?

Most Popular Reply

User Stats

73
Posts
28
Votes
Tatyana Shevnina
  • Specialist
  • Los Gatos, CA
28
Votes |
73
Posts
Tatyana Shevnina
  • Specialist
  • Los Gatos, CA
Replied

@Matthew Walsh

I would double check your state requirement as well. California, where I am, wants a filing and LLC tax even if there is no income or business conducted.

Loading replies...