Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
LImited partner K1's
Folks
Not sure if I'm allowed to mention specific fund names here but I'm invested in a popular ATM fund run out of a company in PA. Their K1 shows my ownership in about 12 states with losses ranging from $12 - $1000. Since ATM assets really don't have much value left at fund closing or disposition time, I would likely not have any profits on the last K1. Hence, is it needed to really file those 12 state returns? I understand filing for states where I'm a passive investor in a multi-family property since I do want to carry-over losses when the property sells but don't understand if I need to do that for ATM
Thanks