http://www.varealtor.com/FHSP
https://www.tax.virginia.gov/laws-rules-decisions/rulings-tax-commissioner/15-2
Paying no state taxes on growth does sound attractive, even though VA does not have notoriously high state taxes (unlike NY or CA).
Does anyone have any experience using this? How can one use such a provision optimally?
https://www.tax.virginia.gov/laws-rules-decisions/rulings-tax-commissioner/15-2
Paying no state taxes on growth does sound attractive, even though VA does not have notoriously high state taxes (unlike NY or CA).
Does anyone have any experience using this? How can one use such a provision optimally?
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