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Updated almost 3 years ago,

User Stats

25
Posts
6
Votes
Michael Morin
  • NY
6
Votes |
25
Posts

State Taxes in NY, NJ AND PA!!!!!!!!!!!!!!!

Michael Morin
  • NY
Posted

Hey BiggerPockets Fam! I have a question about taxes! I know its a fun topic. So i live in upstate New York, however I'm close to both New Jersey and Pennsylvania. Being that my LLC is in New York, if I flip a property outside of New York and make a profit will I be paying taxes in both states? I currently work in New Jersey and live in New York so I pay both state taxes out of my paycheck so that's why I'm asking. Also if I end up renting or doing an Airbnb will I be paying taxes on monthly income profits?