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For out of state investors, do you have to file taxes for each state?
That you're invested in? Or do you try to steer towards states that have no income tax?
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Jon Holdman
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
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Yes, you would need to file taxes in the state where the property is located. Typically, your own state gives you credit for the taxes in the other state.