Filing K1 for out of state investors

Filing K1 for out of state investors

Member since 2025 · 1 post · 0 votes

I opened an INC to do rental property. My company address is same as my residential address which is in NC. My rental property is in SC. Which state K1 should I be filing? SC or NC? Thanks. This is my first investment home.. :)

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  • Randall AlanPro Member
    Investor · Lakeland, FL · Member since 2017 · 1k+ posts · 1k+ votes
    1y

    Quote from @Phyu Phyu han:

    @Phyu Phyu han

    Do you mean you opened an LLC?

    Check here:

    https://www.taxslayer.com/blog/living-in-one-state-working-i....

    From that website:

    “If you earn income in one state while living in another, you should expect to file a tax return for the state where you are living (your “resident” state). You may also be required to file a state tax return where your employer is located or any state where you have a source of income”

    Hope it helps!

    Randy

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