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.
Tax, SDIRAs & Cost Segregation
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 about 9 years ago on . Most recent reply

User Stats

1,946
Posts
429
Votes
Daria B.
  • Rental Property Investor
  • Gainesville, FL
429
Votes |
1,946
Posts

Out of state tax obligation

Daria B.
  • Rental Property Investor
  • Gainesville, FL
Posted
I live in Florida - a no income tax state. I have a rental in MD that I have to file a state tax form for at tax time. My question#1 is for those investing in a state that is a no income tax state (Florida, Texas,etc) but do not live in those states, what obligations are there, if any, to pay on the income earned from your rental properties to that state. My question#2 is opposite of #1. Living in Florida as I do, if I buy in Texas that does not have a state income tax, what obligations are there for reporting the income I would have earned on rental property in Texas. Thanks

Most Popular Reply

User Stats

966
Posts
498
Votes
Mark Creason
  • Real Estate Lender and Broker
  • Dallas, TX
498
Votes |
966
Posts
Mark Creason
  • Real Estate Lender and Broker
  • Dallas, TX
Replied
Originally posted by @Daria B.:

I live in Florida - a no income tax state. I have a rental in MD that I have to file a state tax form for at tax time.

My question#1 is for those investing in a state that is a no income tax state (Florida, Texas,etc) but do not live in those states, what obligations are there, if any, to pay on the income earned from your rental properties to that state.

My question#2 is opposite of #1. Living in Florida as I do, if I buy in Texas that does not have a state income tax, what obligations are there for reporting the income I would have earned on rental property in Texas.

Thanks

In Texas, there is no income tax, so you would not be obligated to pay income tax or file a return. 

Mark

Loading replies...