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Real estate investment can be exciting, promising lucrative returns and financial security. However, for investors like Dave, the allure of investing in California’s booming real estate market can come with unexpected tax implications. Despite residing in Washington and having no direct ties to California, Dave found himself caught in the crosshairs of the California Franchise…
As tax season nears, many across the US prepare to file their taxes. Yet, the tax obligations for non-residents earning in California often go unnoticed. While residents file in their state, non-residents face complexities due to income from multiple states, particularly in California. Understanding California tax requirements is crucial for non-residents with income from the…