Amira
Level 2
‎02-10-2023 10:32 PM

Facts: LLC created in NY with 3 members living in Florida. The LLC has a rental property in Florida and the LLC was registered in Florida to do business.

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Just-Lisa-Now-
Level 15
Level 15
‎02-11-2023 08:00 AM

and why was it created in NY if nobody lives there and no properties are there?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Amira
Level 2
‎02-11-2023 10:34 AM

The LLC was created in 2014 and member are living in Florida since 2015

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Skylane
Level 11
Level 11
‎02-11-2023 10:40 AM

Are there other LLC members in other states?Do they file a 1065?

The income is Florida source income. If there’s no connection to NY, then no need to file NY return 

If at first you don’t succeed…..find a workaround

View solution in original post

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sjrcpa
Level 15
‎02-11-2023 10:59 AM

Read the NY instructions on who must file. I know they have a rule that says if there is a NY partner they have to file a NY return. There may be a rule that if it was formed in NY they have to file a NY return. If that is the case, perhaps they should redomesticate it to FL.


The more I know the more I don’t know.
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Amira
Level 2
‎02-11-2023 11:46 AM

Thank you very much

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