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Robert Sims
  • Rental Property Investor
  • Sugar Land, TX
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Texas - Who gets Taxes?

Robert Sims
  • Rental Property Investor
  • Sugar Land, TX
Posted

I live in Ft. Bend County, recently sold a property in Matagorda County to an Investor in Harris County.  I know I owe the state, but do I also owe the other Counties for this transaction?

Thanks!

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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied
Quote from @Robert Sims:

I live in Ft. Bend County, recently sold a property in Matagorda County to an Investor in Harris County.  I know I owe the state, but do I also owe the other Counties for this transaction?

Thanks!


There is no state tax here in Texas and no county taxes, either. 

  • Michael Plaks
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