I am one of two members of an Arkansas LLC formed to own and manage rentals for two properties located in Florida. TurboTax seems to suggest that I apportion the income earned in Florida (which would be all of it) versus income earned in Arkansas on the Arkansas return. We actively manage short-term rentals of these properties. It seems that the income should be included on the LLC's Arkansas return, and flow through to my sister and I on a K-1 for Arkansas, too, based on our residency and the address on record being in Arkansas. We actually have a loss after depreciation.
Thank you!
