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Updated almost 13 years ago on . Most recent reply
Multiple tax returns, worth the move to the Southeast?
I'm a new investor, planning to move from New York to South Carolina to have access to the real estate markets of the Carolinas and Georgia. Say I live in S. Carolina, but buy a 4-plex in Georgia. Do I need to file 3 separate returns - one in NY (for the time I am still living here before the move), one in SC (new primary residence) and one in GA - or just 2, the SC and NY returns?
Also, what are the best single/multi fam rental markets in the southeast and is it worth the move?
Thanks for your input.
Most Popular Reply
Sounds like you will have 3 state tax returns and a federal.