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General Landlording & Rental Properties

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Al Brennan
  • Flipper
  • Matthews, NC
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North/South Carolina rental unit income tax implications.

Al Brennan
  • Flipper
  • Matthews, NC
Posted Jun 30 2015, 19:29

Hi folks,

I was looking at a condo in South Carolina tonight with my realtor when she told me that it probably wasn`t worth my while financially to buy a S.C. property to rent out while I live in N.C. because the tax I would have to pay would be very high.

Does anyone have experience of this?

Thanks,

Al.

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