Oregon Income Tax on Rental

[Spenser Harding]

Hey! I live in WA and we are looking at a 4-plex in Oregon. WA doesn't have state income taxes where OR does. Will anyone give me a run down of what they experience tax wise when living in a state with income tax and investing in one that does?  My wife and I both have w2 jobs in WA and own rentals in WA as well.  My biggest concern is OR might consider part of our income earned in WA.  We would purchase the 4 unit in our own names and finance as such. Thanks!

[Natalie Kolodij]

OR will 100% consider your rental income earned there as Oregon source income. 

Your rental income will be subject to federal income taxes, and also OR state tax. 

None of your other wages will be taxed by OR