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letalew
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If I live in TX but have income and expenses from CA rental property sale do I include it in Federal tax return?

How do I report income and expenses from CA property sale if I live in TX?
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If I live in TX but have income and expenses from CA rental property sale do I include it in Federal tax return?

if you have sold rental property not only do you have to report it for Ca because that's where the property is located but also for federal purposes. if you have not been reporting the rental for both federal and state (CA) in the years you've owned and rented it run to a tax professional.

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