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Investors & landlords
Thx Tagteam - Looks like I should have read your reply before posting my second question to Carl.
So it sounds like I do not need to file a NV state tax return on top of my IN (primary residence) return. I just need to account for the NV property tax I paid in 2019 in TT together with my IN property tax.
I think at this point I would consider the out of state house as my 2nd residence, and the two empty lots as "held for investment" at this time. I might decide later to sell the one home and build a home on the two lots.
‎January 5, 2020
10:50 AM
596 Views