Tax Exempt States for Full Time RVing
I know a few of the states have no state tax when it comes to purchasing RV's( NH being one), I'm looking for a state with this and where you can renew you drivers license and vehicle registration onl...
Forum Discussion
I am retired am my income is from a disability pension so income taxes are not a main concern. What is a big concern are vehicles taxes and property taxes, in SC sales tax on vehicles are capped at $300 but you pay a yearly property tax. If you RV meets certain conditions it is registered as a second home and is taxed at a lower rate.
I bet a lot of retired people may have a low taxable income and sales tax along with vehicle taxes may be a more important factor.
In my case my taxable income is so low that living in a state with no income tax but high sales, vehicle tax and high registration fees would not work out well for me and I bet the major portion of retired people on this forum would better off in a state with a high income tax but low RV related taxes. We have to look at the big picture, we may wind up in a state with low or no state income tax but get kill with RV related taxes.
I love SC but am looking for a better place to live if I go thru with my plan to sell my house and full time it.
I bet a lot of retired people may have a low taxable income and sales tax along with vehicle taxes may be a more important factor.
In my case my taxable income is so low that living in a state with no income tax but high sales, vehicle tax and high registration fees would not work out well for me and I bet the major portion of retired people on this forum would better off in a state with a high income tax but low RV related taxes. We have to look at the big picture, we may wind up in a state with low or no state income tax but get kill with RV related taxes.
I love SC but am looking for a better place to live if I go thru with my plan to sell my house and full time it.
