Living in California investing out of state taxes

[Tommy Mckeown]

I’m soon going to be investing out of state I live in California and I’m just wondering do I get taxed twice on income. When I get tax from wherever I’m investing and then get tax in California.

[Greg Scott]

If you are buying your rent properties correctly, depreciation offsets the income so there is no taxable income anywhere.  Once you sell you may have to pay capital gains, but if you are growing your real estate portfolio, there are other ways to offset that income.