You are required to report worldwide income on your federal and California tax return.Since California's tax rate is higher than Georgia, you are ultimately paying California tax rates when you sell the home.California will provide you a credit for taxes that you pay to Georgia but will still be required to pay the difference.

Lots of political changes worldwide.   2-3 million immigrants crossed the border in the past two years.   

I can be a bit of a gambler, and I'm accustomed to just pulling the trigger and either succeeding or learning from empirical data, but I feel like I'm handcuffed for the near future.In any case, I'm just here to dump some of my crazy into the world and see what conversations spark up.

@Harveer Dosanjh there are a few of us tax pros here on the forums who work with clients virtually, both nationwide and worldwide.

Stocks are a gamble- real estate- if you know what you're doing- is an investment.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

No I was not a gambler in the strict sense, I never lost a dime in the slot machines there.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

There's another group also, called Speculators (read: gamblers).Why WOULDN'T Banks target these two groups of golden geese?

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.