California Rental Home, non-resident, CA State Tax implications?

[Account Closed]

Hi all,

Considering buying/renting a secondary home in California. Idea is to be a short/long term rental property and a place for family to stay (in between the short/long term guests) and eventually use it as a retirement home in the far future.

Trying to understand if I have to file CA State Tax? Looking at the State of California tax site, it appears I only have to file if my California rental income exceeds $42,366 (I file Federal taxes Joint with 1 dependent, under 65)

https://www.ftb.ca.gov/file/personal/residency-status/part-year-and-nonresident.html#Do-I-need-to-file-

Am I coming to the right conclusion here?  Thanks in advance