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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationIn a PIckle. VA resident & didn't know I had to pay MD taxes
Stanley Gray's profile image
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Stanley Gray
  • from Bristow, Virginia
  • Member since Sep 1, 2016
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Stanley Gray's profile image
Stanley Gray's profile image
Stanley Gray
  • from Bristow, Virginia
  • Member since Sep 1, 2016
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Stanley Gray
  • Bristow, VA
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Tax, SDIRAs & Cost Segregation

In a PIckle. VA resident & didn't know I had to pay MD taxes

Stanley Gray
  • Bristow, VA
Posted Nov 3 2016, 10:04

I live in Virginia and just recently found out that I should have been paying income taxes on my Maryland rental condo property to Maryland instead of Virginia.  I moved to Virginia in 1980 so that would be 36 years...Ouch.   

Any thoughts on how to handle this without paying another 36 years of taxable income to the state of Maryland?

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