Investor Real Estate Accounts

For real estate investors to keep track of their properties rental performance and tax information in one place.

State Income Tax on Rental Income

Nine states impose no state income tax. Only local tax and federal taxes are due:

  • Alaska,
  • Florida,
  • Nevada,
  • South Dakota,
  • Texas,
  • Washington
  • Wyoming,
  • Tennessee
  • New Hampshire.

In any other state, you will need to file a state tax return based on the federal return, you can expect a tax rate between 0% and 10%.

If you own properties in several states, you will need to determine the income or loss attributable to each state.