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Updated over 8 years ago,
CA capital gain?
Hi all, quick question here. I'm selling my Texas rental property and I live in California. I know that I would have to pay a federal capital gains tax if I don't do a 1031 exchange.
Does anyone know if I have to pay the California capital gains tax or Texas capital gains tax? Or neither since Texas doesn't have personal income? And what are the percentages?
Thanks in advance!