What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

posted

Connect with an expert

1 Best answer

Accepted Solutions

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

If you have no income from that other state then you don't file income taxes in that state. The property taxes on that property are deductible on your Federal return.

View solution in original post

1 Reply

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

If you have no income from that other state then you don't file income taxes in that state. The property taxes on that property are deductible on your Federal return.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

Do you have an Intuit account?

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

What are the tax implications of owning property (that is not used as a rental property) in another state (where I pay property tax on a regular basis)?

Unlock tailored help options in your account.

Get more help

Related Content