Tennessee Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Live in TN, but houses more affordable in KY...
Hello all: I'm a rookie landlord living in Clarksville, TN. Houses are going for over appraisal value sometimes and it's been hard to get an accepted offer on SFHs. Was looking at Oak Grove, KY, right across the state line. But... I REALLY don't want to have to file KY state tax forms, considering in TN we don't have to file state taxes. I know there is something call tax reciprocity, but not sure if it applies in TN.
I don't know the landlord/ tenant laws in KY either. Has anyone lived in TN and rented in KY? What are the tax issues/ differences? Thanks