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Buying And Selling In Multiple States

gregzilla profile photo
  • Friday, February 06, 2004 @ 05:13 PM EST
  • 2 Comments
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
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  • edmeyer
    edmeyer5th February, 2004
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    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.

  • minara
    minara6th February, 2004
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    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

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