Carl
Level 15

Investors & landlords

Oh yeah, since FL does not tax personal income and SC does, that means there is no reciprical tax agreement between FL and SC. Since SC taxes all of your income from all sources that means your income/losses from the FL rental are also reported on your SC state return. It doesn't matter that the property is out of state. It only matters that you are a SC resident and SC taxes all of your income from all sources regardless of where that income comes from.

yes, there are excpetions for those states SC has a tax agreement with. But FL isn't one of those states.