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I live in Colorado but might get a small place in NYC or Florida. Do I need to stay in one home for more than 6 months to claim taxes in that specific state? I dont want to get into a situation where there is debate where my taxes are owed.
Also if I sell do I own the state any tax on the sale in the second home state?
This is probably a CPA question but just seeing if anyone has this current situation and can lend some info.
Thought of that years ago but Im not willing to do it for lifestyle reasons.
Knowing myself ill probably never rent it out. Will do. Didnt know that about capital gains in FL very interesting. Thanks.
That is absolutely Orwellian and sounds very CA
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All my income is capital gains/divs fyi