Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCEChapter II - Income Taxes and Estate TaxesSubchapter A - New York State Personal Income Tax Under Article 22 Of The Tax LawArticle 3 - NonresidentsPart 132 - New York Adjusted Gross Income of a Nonresident Individual
Methods of Allocating Income and Deductions from Sources Within and Without New York State
Section 132.16 - Rentals and gains from the sale or exchange of real property

N.Y. Comp. Codes R. & Regs. tit. 20 § 132.16

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Current through Register Vol. 46, No. 51, December 18, 2024
Section 132.16 - Rentals and gains from the sale or exchange of real property

Income from, and deductions connected with, the rental of real property, and gain and loss from the sale, exchange or other disposition of real property, are not subject to allocation under section 132.13 or 132.15 of this Part, but are considered as entirely derived from or connected with the situs of such real property.

N.Y. Comp. Codes R. & Regs. Tit. 20 § 132.16