AZ taxing of out of state property income

[Scott Anderson]

Anybody know if AZ taxes my Arizona LLC if it owns an out of state income property and how that would actually work?

If it's a 'loss', and I'm "double taxed" in AZ and the other state, does that actually help short term?

When/if I sell is there anything I need to know?

[Ashish Acharya]

Originally posted by @Natalie Kolodij:

Originally posted by @Ashish Acharya:

Originally posted by @Scott Anderson:

Anybody know if AZ taxes my Arizona LLC if it owns an out of state income property and how that would actually work?

If it's a 'loss', and I'm "double taxed" in AZ and the other state, does that actually help short term?

When/if I sell is there anything I need to know?

BP removed my post. it was not even self-promotion. I am glad it helped. 

I'm not who removed it- but any links to your personal pages/youtube/IG ect are considered self promotion on BP. 

Unless it's a link to an official BP article/video that you did it's promoting your own brand.

Thank you for the info, Nat!! Are we close enough for me to call you that :)?