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Old 08-29-2017, 08:32 PM
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Exclamation Sale of rental home

We live in CA and are selling a rental house in Oregon. I am required to fill out form WC, but cannot figure out if I can be exempt from the tax withholding for Oregon because we live in CA. I have to get this form done before tomorrow afternoon!



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Old 08-30-2017, 07:09 PM
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I think that Oregon?ll withhold tax on certain real estate transactions; according to Oregon state tax law, Generally, withholding is required when nonresident individuals or C corps sell property located in Oregon if the sales price is greater than $100k. Withholding is not required if the seller is a pass-through entity such as a partnership, S corp, LLC, LLP, or certain trusts and estates. Withholding is also not required if the seller meets an exemption to the withholding.please contact the Dept of revenue formor einfo in detail.



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