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This is my first year doing a real estate llc- do I have to have to file a texas and Georgia business return
October 13, 2019
2:54 PM
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Business & farm
If you have rental properties in both Georgia and Texas, then yes. I am not exactly sure what you are doing in the states since you just said real estate.
Normally a physical presence (employees or property) in a state will cause you to file in a state. Each state has lots of rules, so I would look into each state to see if you need to file.
December 6, 2019
2:18 PM
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Business & farm
This is my first year doing a real estate llc-
Doing what "exactly"? This *REALLY* matters, big time. Are you a real estate agent selling property? Maybe you are the sole owner of rental property in both states? Maybe not? Is it a single member LLC or multi member LLC?
All this matters because when it comes to taxes, you *could* be making the biggest mistake of your "business" that will cost you dearly down the road.
December 7, 2019
5:06 AM