That is correct. If all of your other money is earned while a resident (or received when it comes to retirement income) you will only pay taxes on your rental income.
Now, if you move mid year, you will need to pay taxes on the income received while still living there. You will do this by filing a part year MD resident return. But, the retirement, dividends and social security you receive after moving to FL will not be taxed by any state, only federal.
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