Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

15
Posts
4
Votes
Jack Smith
  • Real Estate Investor
  • New York City, NY
4
Votes |
15
Posts

Does out of state real estate investing complicate taxes?

Jack Smith
  • Real Estate Investor
  • New York City, NY
Posted

Hi all, just have a simple question today. Does anyone know if investing in real estate out of state complicate taxes? If so how so? I assume I'd have to start collecting some sort of data and filing state tax  for each state I invest in or something right?

Trying to decide if it's better to limit investing in just one state or invest in multiple states from a tax perspective in the interest of keeping things simple

Most Popular Reply

User Stats

203
Posts
132
Votes
Taylor Brugna
  • CPA
  • New York, NY
132
Votes |
203
Posts
Taylor Brugna
  • CPA
  • New York, NY
Replied

Jack Smith It will slightly complicate things and you may be required to file in a few states, but it's nothing that a good accountant can't handle. Don't let that deter you from investing a market that you are interested in. If the numbers make sense, go for it!

Hope this helps.

Loading replies...