New multi-member LLC in AZ with no income or expenses

[thiswillbemostlycats]

I started a multi member LLC with my family last year to own a family property.

We only had the business for a couple of months in 2024 and we have NO income or expenses yet.

From what I can tell on the IRS website you are not required to file a 1065 if your partnership "neither receives income nor incurs any expenditures treated as deductions or credits". AZ tax site says the same - not required to file with the state if there is no income or expenses.

Can I gut check this? I will likely start to file next year just to have records but it seems overkill since we just got started. Will the IRS contact my business to say we didn't file? If so, how do I rectify?

[ThomasM125]

You aren't required to file for the reasons you enumerated. The IRS shouldn't bother you about it, as typically they won't request a return from you unless they have a record of income reported under your federal ID number, and that won't apply here.