foreclosure bankruptcy california
Will a lien be attached to my California assets if I foreclose in Nevada?
My principal residence is in CA, but I have a residential rental property in Vegas, NV that will probably go into foreclosure.
Will I be forced into bankruptcy?
Here is an article debunking the myths associated with Nevada property and California Taxation. From the gist of it, and of other such articles, it seems that you are legally required to report this, but, the States do not have a Reciprocal Tax Agreement.
