Claiming income on out of state properties

[Steve Kirsch]

hi BPers,

Here’s another tax question. 

Do I need to claim/file income tax in the state that I purchased an investment property in AND claim that same income (rent) for that property for the state of which I reside in? Or do I only need to pay for the property tax in state where the property is located? I don’t want to have yo pay twice. The investment property is not located in the state where I live. 

Thank you