All Forum Posts by: Peter Bollwerk

I am going to move from California to Washington State.

I am considering renting out the home I own in California, but the property manager mentioned they normally withhold 7% for the CA Franchise Tax Board for out of state owners (if I understood correctly).

Can you perhaps clarify how this works and which state decides how much tax to pay on rental income?

Thanks!

@Robert Hudon any updates? I’m moving to the area at the end of 2023 and looking to buy land and do something similar. Are you in Clark county or another?

Kade, what I found seems like a page, not an actual Facebook “group”. Am I missing something?

thanks

Sorry, new user here and this post was suggested.

I can't offer any help, but I did notice that you may not be aware that there is a 2nd Vancouver, in Washington state, next to Portland.

But since this post is 9 months old, maybe you've already moved to WA, and this post doesn't matter anymore. =)

I'll be curious if you did move and what your thoughts are. I'm going to be moving from CA to WA at the end of 2023, to the southwest part of the state.

Hello,

I live in California (Bay Area), but will be moving to the Vancouver, WA area around the end of the year.

I've been interested in dabbling in real estate STR/MTR/LTR and have been researching options for the past year or so.

I'm curious if anyone here has experience in Clark or Cowlitz county, Washington state. Part of my research has been trying to read and decipher zoning laws in both counties, but it's quite a complicated task.

The majority of my capital is tied up in my existing primary home and I have no other real estate, so I'm quite hesitant to sell when I move, as I won't be able to afford to buy a primary home with current interest rates, given the market prices I see in the area. (current home mortgage is 2.875%)

My tentative plan is to rent a small apartment in the meantime, until interest rates come back down, but I realize that could be years, so it's frustrating to think about.

Ideally, I want to buy land and build a new home, ADU to rent, and have additional space for glamping, if the county allows it. (but I'm not confident this is allowed on non-commercial zoning).

At a minimum, I'll stick to buying land or a house outside of any city limits, and without an HOA (or restrictive CC&R) to make zoning/laws a little easier to manage (in theory).

Thanks for any/all advice.