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Post: Questions relating to tax law

Posted by Calby Stevens on 12/02/08

    I have a question about the application of tax law in a
    specific instance.

    If a California resident owns a partial stake of a rental
    property in Montana which he receives income from, how is
    this reported when filing a 1040.

    Does pay property taxes in both California and Montana, or
    just California, reporting the Montana holding as income?

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  • Questions relating to tax law, 12/02/08, by Calby Stevens.

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