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Investors & landlords
@shubhron wrote:
Does that mean that I don't have to file Florida State tax?
That is exactly what that means unless, as stated, you elected to be treated as a corporation (highly unlikely with your particular entity structure) or one of your members is a corporation (also highly unlikely).
However, since you own a rental in Florida, you should be aware of Florida's tangible personal property tax in the event that rental is offered furnished. Check the link below for the web site of the county property appraiser's office for the county in which your rental is located.
https://floridarevenue.com/property/Pages/LocalOfficials.aspx
March 8, 2020
3:41 PM
2,720 Views