Hi Everyone. Well, after 15 years the RV-Dreams Community Forum is coming to an end. Since it began in August 2005, we've had 58 Million page views, 124,000 posts, and we've spent about $15,000 to keep this valuable resource for RVers free and open. But since we are now off the road and have settled down for the next chapter of our lives, we are taking the Forum down effective June 30, 2021. It has been a tough decision, but it is now time.
We want to thank all of our members for their participation and input over the years, and we want to especially thank those that have acted as Moderators for us during our amazing journey living and traveling in our RV and growing the RV-Dreams Family. We will be forever proud to have been founders of this Forum and to have been supported by such a wonderful community. Thank you all!!
So far, I found the states with no income taxes, which we would choose first as states to domicile and to work in. We have so far been thinking of choosing South Dakota to be our domicile state.
I just located a list of most/least expensive car insurance rates, and SD is on the expensive list by about $600 more per year from the least expensive state: Maine. The state of Maine does not have income tax, except on dividend and interest income, which we would have very little of that.
Here is the website of states most/least expensive car insurance:
So RV-Dreamers, what have you decided on for your domiciled state and why?
__________________
Linda
5er: 2014 Dynamax Trilogy 3650RL (#311!) "Dagny" ~> bossed around by "Roth" the 2012 Dodge Ram 3500 DRW & may follow in MY Jeep Wrangler that I can not give up just yet
Bob and I have been researching full-time RV'ing now for the last year, having bought the appropriate books and videos, having done a TON of research online, and then ultimately attending the RV Dreams Fall Rally. We do not have an RV yet, but know the top three factories that we plan to visit before ordering (which would be DRV, Heartland, and Carriage). I have signed up for quite a few forums, including the Escapees, the Carriage forum, and the DRV forum. We were just recently introduced to the Heartland line at the Fall Rally, and checked them out at the Hershey show. We found that we really liked them so much as to include them in our top 3. We are planning on making our transition from the "sticks and bricks" into full-timing in 2013 or 2014.
As for choosing a domicile state, after Bob and I sell our home in Pennsylvania ("the land of taxes"), we intend on living most of the time in Texas which does not tax Social Security or Retired Miliary pay (which Bob receives). The Escapees have a great deal going down there in Livingston, Texas, from what I have learned. Their mail forwarding service is great (from what I have heard), and once you cannot travel any more, there is the CARE program where you can live out the rest of your days in your own RV and there are people that will come in and care for your needs. We chose Texas because we love the state, their "politics", their weather, and their people. We have lived in Texas before, so we know what it's like. Also, if you are an active voter (which we are), Livingston has it all figured out. There is no personal income tax. The state sales tax is at 6.25%, just 1/4% higher than PA. There is no property tax on vehicles, however a state emissions test is required in most counties (not in Polk where Livingston is), and diesel powered vehicles are exempt. (www.txdps.state.tx.us/vi) Texas requires an annual vehicle safety inspection. All of the above information can be found in "Choosing Your RV Home Base", Roundabout Publications, copyright 2010.
RESULTS OF AN ON-LINE SEARCH "MAINE STATE INCOME TAX"
Individual Income Tax (1040ME) Maine generally imposes an income tax on all individuals that have Maine-source income. The income tax rates are graduated, with rates ranging from 2% to 8.5%.
Thanks for that input Bob & Kathy - I'm sure I'll keep learning. RVPainter, its always good to check out information, because not all information is correct on the internet is it? LOL.
__________________
Linda
5er: 2014 Dynamax Trilogy 3650RL (#311!) "Dagny" ~> bossed around by "Roth" the 2012 Dodge Ram 3500 DRW & may follow in MY Jeep Wrangler that I can not give up just yet