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I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?
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I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?
Yes, you have to, Maryland goes by gross income, not net profit.
You won't owe any taxes, but Maryland still wants a return.
See link below for more detail.
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I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?
Yes, you have to, Maryland goes by gross income, not net profit.
You won't owe any taxes, but Maryland still wants a return.
See link below for more detail.