ccphill3
New Member

LLC owned rental must file state tax return?

An LLC owns a rental property in state A. There are three members of the LLC.

 

One member lives in state B. State B does not have state income tax.

 

Two members live in state A. The same state as the rental property. State A does have state income tax.

 

The property has a small loss for 2020 and expects to usually have a small loss.

 

Does the LLC need to file a state return for state A? The state where the property is located even though it has a small loss?