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What would the tax reason be for a California resident to buy a second home in Nevada?

Asked by Trulia San Francisco, San Francisco, CA Mon Dec 3, 2012

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Your question is tough to answer and I would recommend that if a person were to buy out of state then they would definitely want to work with a tax expert. Here is an interesting article discussing the pros and cons of buying out of state property:

http://www.investopedia.com/articles/mortgages-real-estate/1…

Thank you,

Seth
415-860-7384
1 vote Thank Flag Link Sat Dec 8, 2012
if you can plan for a taxable event, it may be prudent to relocate to Nevada.
0 votes Thank Flag Link Sun Dec 9, 2012
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