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Updated almost 8 years ago on . Most recent reply

User Stats

804
Posts
230
Votes
Joe Moore
  • Rental Property Investor
  • Los Angeles, CA
230
Votes |
804
Posts

No State Income Tax On My Properties In Texas Nor Tennessee

Joe Moore
  • Rental Property Investor
  • Los Angeles, CA
Posted

I already knew that there is no state income in Texas because I have been investing there  since 06.  I am now doing my tax returns.  It was a nice surprise that in Tennessee, there is no state tax on my rental income.  In short, less paperwork.  Thank you Tennessee!

Most Popular Reply

User Stats

284
Posts
201
Votes
Linda Hastings
  • Rental Property Investor
  • Stockdale, TX
201
Votes |
284
Posts
Linda Hastings
  • Rental Property Investor
  • Stockdale, TX
Replied

Texas may not have state income tax, but watch out for our property taxes! Wish they didn't follow the "everything's bigger in Texas" adage. 

  • Linda Hastings
  • Loading replies...