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Rental Real Estate California amount
Hi,
In State Income section "Rental Real Estate, Royalties, etc.", it says"Enter your profit or loss from rents that are related to property located in California, while you were a California nonresident. If none, enter zero.
I have a rental property in California, but I lived entire 2016 outside of CA. Should I put zero for California amount?
In State Income section "Rental Real Estate, Royalties, etc.", it says"Enter your profit or loss from rents that are related to property located in California, while you were a California nonresident. If none, enter zero.
I have a rental property in California, but I lived entire 2016 outside of CA. Should I put zero for California amount?
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Rental Real Estate California amount
No, a rental property located in Calif is Calif-source income and is taxable by Calif whether you live in Calif or not. You need to enter the amount of the profit/loss of all California rentals.
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Rental Real Estate California amount
No, a rental property located in Calif is Calif-source income and is taxable by Calif whether you live in Calif or not. You need to enter the amount of the profit/loss of all California rentals.
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Rental Real Estate California amount
Thanks Terry
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Rental Real Estate California amount
so income minus expenses, etc?