IL LLC owns property in AZ

My multi-member LLC, registered in Illinois, owns a rental property in Arizona. Rental income is the LLC’s only source of income. Which state tax return should I file—Illinois, Arizona, or both?

posted

Both. Your earnings in Arizona will be taxable to Arizona and then you will be able to deduct any taxes paid to Arizona on your Illinois return. So do Arizona first.

@Melo888

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