k-1in multiple states

[mramos11]

I have a real estate investment in homes in 8 states. do I need to file taxes in those states even though they show very little or no profit?

[Ruth C-L]

You may want to file in those states solely to capture any carryforward losses to ensure you don't get overtaxed when you end up selling the relevant property, as you can use those carryforward losses to offset any capital gains reported on the sale of the property in that state.