Question for full timers
Recently retired and just returned from a 6 week trip. My DW and I would love to do more of this. But we have a house as well. We talk about selling and living in the RV. So now to my question. What d...
Forum Discussion
When we were full timing we used Alternative Resources (http://www.alternativeresources.net) out of Sioux Falls, SD.
At the time we were living in Wisconsin and it was and still is a high tax state, after looking at all the states that we could use we picked South Dakota, but there are several states that if you are full timing can reduce your taxes. The following are some advantages of SD.
* No State Income Tax
* No Personal Property Tax
* 3% Excise Tax on net Purchase of Vehicles, RV's
* Ranks 47th in Lowest Private Passenger Car Insurance Rates * No State Inheritance Tax
* No Intangible Tax on Investments
* Low Vehicle License Fees
* No Vehicle Inspections
• South Dakota per capita taxes lowest in Nation (Sioux Falls Argus Leader 7/27/01)
At the time we were living in Wisconsin and it was and still is a high tax state, after looking at all the states that we could use we picked South Dakota, but there are several states that if you are full timing can reduce your taxes. The following are some advantages of SD.
* No State Income Tax
* No Personal Property Tax
* 3% Excise Tax on net Purchase of Vehicles, RV's
* Ranks 47th in Lowest Private Passenger Car Insurance Rates * No State Inheritance Tax
* No Intangible Tax on Investments
* Low Vehicle License Fees
* No Vehicle Inspections
• South Dakota per capita taxes lowest in Nation (Sioux Falls Argus Leader 7/27/01)
