Hey everyone, welcome back to Finance Friday. This is our bonus edition of Money Girl where I

answer your money questions. So keep them coming. You might want to email them or call them

into me. However you get them to me, I love getting your questions and featuring them here.

Today's question comes from Rachel, who says, I'm leaving a large corporation to relocate for a two-year

job with a small nonprofit in a different state. I'll be renting a furnished house in my new city. However, I still own

the home that I previously lived in and am renting it out. I have informed my current homeowner's

insurance company that I'm now a landlord. I plan to purchase a renter's insurance policy

and update my auto insurance policy when I arrive at my

new address. Here are my questions. Will any of my relocation expenses or mileage driving to my new home

be tax deductible? Since I'll have income in multiple states from my new job, my rental property, and an inheritance from

somebody who lives in another state, will I need a tax professional for each state?

And do I need to change my vehicle tag if I'm unsure how long I'll stay in the new state?

And what checklist or financial housekeeping tips do you have for moving

out of state for a new job? I'm so grateful to have learned from your podcast about pertinent things

as well as for future situations that I didn't anticipate. Thank you so much for your kind words and

great questions, Rachel. I kind of improvised her question a little bit

here, but basically I have relocated out of state for work multiple times, so I can definitely

give you a good checklist to follow. This podcast will help you decide if relocating for a job

is a good move and know how to prepare for it so the transition goes

as smoothly as possible. Again, welcome back. This is episode 947 of Money Girl. I really appreciate

you downloading the show. I'm Laura Adams, an award-winning author, on-camera spokesperson,

money speaker, and founder of The Moneystack.

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