Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 4 years ago,

User Stats

8
Posts
5
Votes
Collin Argue
  • Investor
  • FL
5
Votes |
8
Posts

Tax Implications of Changing State Residency

Collin Argue
  • Investor
  • FL
Posted

I will be relocating to Florida later this year as part of my active duty military service. I am currently a Wisconsin resident, but I plan on becoming a legal resident of Florida to avoid paying income tax in the future. With regards to filing taxes for the 2021 fiscal year, can I still claim Florida residency if I only reside there for 4 or 5 months of 2021? What are the immediate tax implications of my residency change? Would it behoove me to arrive in Florida earlier and live their for 6 or more months of 2021? 

Loading replies...