Short Term Rentals in Two States

[peteZ88]

So I have two rental properties in different States.  One had a gain (Delaware), the other had a loss (Maryland).  I actively participated in managing them.  The Loss was larger that the gain so overall I had a net loss.  I live in a third State (Pennsylvania).  I have no other income in Maryland or Delaware.

I need to file in both States, plus my home State.  I know I do the non-resident forms in both of the States with the rental properties first.  Even though I have a net loss, do I pay taxes on the full amount of the gain in Delaware?  Do I document the full loss for second property in Maryland by filing a return with them.  Or do I report the same net loss to both States?

Please advise since I've never had this situation before.  Thanks

[Mike9241]

you report the DE rental only in Delaware and PA. You report the MD rental only in Maryland and PA. PA should give you a credit for the DE taxes. In Turbotax, do the nonresident states first. 

[BrittanyS]

You will add the rental property for each location in TurboTax.  As provided by Mike 9241, you will file nonresident returns for Maryland and Delaware, and you will receive credit for taxes paid to another state on you Pennsylvania return.  You will want to complete your nonresident tax returns first and then complete the resident return.

@peteZ88