Moving Out of California? Don't Make This House Mistake

Leaving California and trying to decide if you should sell your home or rent it out? Or maybe you are thinking you can keep it and go back from time to time. We walk you through your options and how what you choose can affect whether or not California can claw back taxes on your income. Will you pass a residency audit? Do you need the cash? We dive into these points and more things to consider in this video. Julie Merrill is a CPA and recently moved from California to Tennessee and experienced first-hand the same decision you are making. Make an informed decision or know that you may be stuck with an even bigger tax bill later on by not selling within a certain window. Book a New Client Discovery Call here: https://www.juliemerrill.me/calendar RESOURCES: 👉 My free e-book “S Corp, Now What?” for new and seasoned S Corp owners: https://www.scorpnowwhat.com FOLLOW US AND FIND MORE INFO HERE: Website: https://www.juliemerrill.me Instagram: / juliemerrillcpa Facebook: / juliemerrillcpa Blog: http://www.profitaboveboard.com DISCLAIMER: This video is for informational purposes only and in no way provides any type of professional, legal, accounting, or tax advice. Updates may have been made since the filming of this video. All data and information are presented at the time this video was recorded, and again, is in no way meant to provide any professional, legal, or tax advice.