Need to move to 1 of: Alaska, Fla, Nevada, NH, S. Dakota, Tenn., Tex, Wyoming
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Date: July 14th, 2025 2:12 PM Author: toll job
For a cap gains liquidation. These are the only states that don't tax it. Have no ties to any of these states.
AK is probably out of the question though personally it would be my favorite.
Nevada seems way too hot. Fla could work but also extremely hot. I think Tex is hot and muggy too (never been).
That leaves New Hampshire, South Dakota, Tennessee, and Wyoming
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49100504) |
Date: July 14th, 2025 3:20 PM Author: gedood persoon
would be 180 to spend a year in wyoming
no reason to choose SD over WY so that is out
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49100704) |
Date: July 14th, 2025 3:28 PM
Author: .,.,.;;,;.,;:,:,,:,.,:,::,..;.,:,.:;.:.,;.:.,:.::,
tn is probably the correct answer unless you want rural. nh if new england appeals to you, that can be nice if you're into it. if you want rural go wy. seems kind of easy actually, each option is quite different, not much to "weigh."
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49100728) |
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Date: July 14th, 2025 3:37 PM Author: gedood persoon
WY has so many 180 options. Live in farthest remote AF places like "Moneta" or "Arvada" you'll never experience something like this again
You can always do Jackson, Mammoth, Cody etc near Tetons/Yellowstone
Southern WY is not terribly far from Denver if you need to get to a bigger city but has some nice rocky mountain communities
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49100747) |
Date: July 15th, 2025 11:25 AM Author: Sniggleur
I can’t say much about the other options, but NH has some pretty big property taxes, and they have a “view tax” if you get a scenic view from your house. You’ll wind up paying more in taxes there than you think.
I’ve heard the electric bills in Texas and Nevada are huge because of AC. I know one guy who told me he ultimately saved zero dollars by moving to Texas because property taxes and AC bills ate up any savings.
Unless your cap gains are enormous and you’re looking at multiple millions in savings, your best bets from a pure monetary perspective are probably SD or Tennessee. This is just pure speculation on my part though because I’m not going to the effort to look anything up
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49102922) |
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Date: July 15th, 2025 11:38 AM
Author: .,.,.;;,;.,;:,:,,:,.,:,::,..;.,:,.:;.:.,;.:.,:.::,
the state always gets its take (except alaska where they pay you to live there)
just a matter of how. some states penalize property, some states penalize income or spending. optimize for your own financial profile.
idk all the details but i assume one of these states compensates for low income tax with sales tax instead of property tax. that's probably the ideal tax regime to seek out.
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49102949) |
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Date: July 15th, 2025 6:10 PM Author: gedood persoon
Wyoming's average effective property tax rate is around 0.58%, notably lower than the national median of 1.02%. This makes Wyoming one of the states with the lowest property tax burden in the United States.
Wyoming's sales tax rate ranks among the lowest in the United States. The state sales tax rate in Wyoming is 4%. In terms of average combined state and local sales tax rates, Wyoming is ranked 44th, which means it has the 7th lowest combined rate in the country, at 5.44%
Wyoming does not have an individual income tax.
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49104038)
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Date: July 16th, 2025 4:00 AM
Author: .,.,.;;,;.,;:,:,,:,.,:,::,..;.,:,.:;.:.,;.:.,:.::,
it's just part of the rural/non-rural tradeoff. another alaska situation, taxes are low because nobody lives there so they don't have to spend on bullshit services. if you want rural that's perfect but if not the state will be getting its $$ somewhere.
populated tennessee has low property tax and 10% sales tax. new hampshire has 9% sales tax and high property tax. tn seems ideal tax-wise.
(http://www.autoadmit.com/thread.php?thread_id=5750277&forum_id=2...id#49105021) |
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