Buying And Selling In Multiple States
Just a quick question...
If you buy (Sub-2, Lease Option, whatever) and sell (CFD, Lease-Option, Flip, whatever) properties in states other than the one you live in, do you have to file state income taxes for those states as well?
Thanks,
Greg
That may depend upon the state. I own a property in Hawaii and it is one of only a few states where it is required to file state income tax. This tax is deducted from what I pay in California.
It will depend on the state... I have properties in OH and I have to pay OH State taxes...
I also have property in NV which has no state taxes