Tax Resource for Out of State Investors

Tax Resource for Out of State Investors

Real Estate Investor · Los Angeles, CA · Member since 2014 · 237 posts · 67 votes

I am a Californian and I own a few buy-and-hold properties out of state in Indiana. Both states require incomes taxes and I will eventually be searching for a tax advisor in my area to help me with this, but I want to do some "back of the envelope" calculations so that I won't get any surprise tax bombs next year. Does anyone have any resources for this specific scenario?

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  • Accountant, Enrolled Agent · Grayslake, IL · Member since 2011 · 5k+ posts · 2k+ votes
    11y

    Do not feel like you need someone in your state. You need someone who specializes in your situation. 

    You need to find a tax advisor who will work with you all year.... not just during tax season. I can tell you many accountants like myself have clients worldwide.  We advisecadvise advise clients who own property everywhere.

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