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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesTaxes related question
Anand Bhaskaran's profile image
Anand Bhaskaran's profile image
Anand Bhaskaran
  • Investor
  • from FREMONT, CA
  • Member since Mar 1, 2011
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Anand Bhaskaran's profile image
Anand Bhaskaran's profile image
Anand Bhaskaran
  • Investor
  • from FREMONT, CA
  • Member since Mar 1, 2011
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Anand Bhaskaran
  • Investor
  • FREMONT, CA
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General Landlording & Rental Properties

Taxes related question

Anand Bhaskaran
  • Investor
  • FREMONT, CA
Posted Aug 13 2012, 22:57

Hi All - I have a general question with regards to Rental Property & Tax filings... I am a resident of California & if i purchase a rental property in IL (with rental income coming in from IL state)...

Do i have to file taxes in IL as well (because of rental income & property taxes in IL) .... Pls let me know... Thanks in advance. so_ab

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