Hi and thanks in advance for your responses.
I have an S Corp that is incorporated in Maryland with an investment property in DC. I am depreciating the investment property. I am confused on where I put the depreciation. Can I put the depreciation on my Maryland K1 or Do I need to create a K1 for DC?
***Just to add a little razzle dazzle***
One Scorp share holder is a MD resident and the other is a DC resident.