In 2005 I lived, worked, and owned a home in Georgia. Then moved to Michigan where I now live, work and own a home (i.e. primary residence in Michigan). Was not able to sell the Georgia home, so now renting that property at a net loss. Two questions: 1) For 2006 tax year (lived, worked, and owned home in Michigan the entire year) - do I need to file a Georgia State Income Tax form (in addition to the Michigan State income tax form)? I am not a real estate professional, so the rental property is passive income (loss). 2) Do I claim the net income (loss) of Georgia property on my Michigan State Income Tax?
2007-03-03
08:06:20
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5 answers
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asked by
taxesnotfun
1
in
United States