Forum Discussion
JoeGood988
Mar 12, 2015Explorer
We retired out of Missouri and went to South Dakota, turned in titles, drivers licenses and became SD residents...no state income tax, no personal property tax, no sales tax...big savings. Every state has Federal taxes but the rest is a big savings.
You can own property in as many states as you want to, as long as you live in each one less than 180 days a year. Full time RV'rs who travel all over can use this and claim almost any state as a state of residence..Florida, Montana, Texas, South Dakota, etc. Many states have rules that prevent you from claiming as a resident...have to check the laws.
All of our retirement income and other monies go through SD so they don't take out state taxes. We have to return to SD every 5 years to have picture taken for drivers license but voting ballots are mailed to us every voting session. We are excluded from jury duty as we are too far away to attend
You can own property in as many states as you want to, as long as you live in each one less than 180 days a year. Full time RV'rs who travel all over can use this and claim almost any state as a state of residence..Florida, Montana, Texas, South Dakota, etc. Many states have rules that prevent you from claiming as a resident...have to check the laws.
All of our retirement income and other monies go through SD so they don't take out state taxes. We have to return to SD every 5 years to have picture taken for drivers license but voting ballots are mailed to us every voting session. We are excluded from jury duty as we are too far away to attend
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