Advice Topics
- Buying (197)
- Selling (205)
- Renting (41)
- Market News & Trends (12)
- Finance & Legal Info (94)
- Tips & Advice (98)
- Working With an Agent (54)
- Marketing (4)
- Investing (16)
- Affordable Housing (17)
- Green Housing (2)
- Schools (1)
- Remodeling (32)
- International Real Estate (8)
- Terms & Definitions (27)
- Home Loans (15)
Top Contributors (View All)
Find a Top Real Estate Agent Near You
Do I have to pay CA Taxes if I purchase a Rental property?
Do I have to pay taxes in CA if I am domiciled in NY state and bought an investment property in CA to rent to family?
Asked By Helen K | Indio, CA | 392 views | Buying | 1 year ago
Answer(2)
Tatevik Hovhannisyan
RE/MAX Optima
Yes, you have to pay California state income tax on rental income from a property in CA, even if you live in New York. You’ll need to file a nonresident CA tax return each year you earn income from it.
- 1 month ago
Helpful (0)
Unhelpful (0)
Traci Poteet
Traci Poteet Real Estate Group, brokered by EXP
Yes, you must pay property taxes to the jurisdiction(s) in which you own property regardless of where you live.
- 1 year ago
- Helpful (0)
- Unhelpful (0)
Are you ready to find a top agent near you?
Browse profiles of the highest ranked agents in your area and find one that meets your specific needs.
Related Questions
-
What is the first step in buying a home?
- Asked by Mike M.
- 1330 views
- Buying
- 4 years ago
-
How to buy a house without closing costs or down payments?
- Asked by Timothy M.
- 1191 views
- Buying
- 4 years ago