Full Time, Selling Everything
We are thinking about full-timing but have lots of questions. Will ask my questions one at a time/post. One of the things I see is people saying is that they are selling everything including the h...
Forum Discussion
I had decided a few things before I went full time.
I did not want the potential hassles of renting my house and trying to be a long distance landlord, dealing with taxes, etc. So the house got sold. I'm pretty sure that was the right decision.
Next, there were some things that I wanted to keep but not take with me - space is valuable in a fiver ! Roll away tool box AND TOOLS, Pictures, Life insurance paperwork, Tax returns, Christmas decorations, etc. Once I knew I wanted to keep SOME things, I decided to also keep some 'optional' things - Like an almost new washer and dryer. And a few other things. So I rent a 10x10 heated and air conditioned space for $90/month.
I figure I could rent a smaller space for less money just for my files and 'essentials', but I have loaned out some things to my kids which would not have bneen possible had I just sold everything and I regularly visit the space and use it to store things I'm not using at the time in my travels - extra space heaters, propane grill, etc. So it has value that way too.
I also decided that when I gave up the full time lifestyle I would not want to own a house/condo etc that required me to do yardwork - so I got rid of everything that was yard work related.
I think the big thing is that, at least in my case, there are some things I simply want to keep that I don't want to take with me.
I did not want the potential hassles of renting my house and trying to be a long distance landlord, dealing with taxes, etc. So the house got sold. I'm pretty sure that was the right decision.
Next, there were some things that I wanted to keep but not take with me - space is valuable in a fiver ! Roll away tool box AND TOOLS, Pictures, Life insurance paperwork, Tax returns, Christmas decorations, etc. Once I knew I wanted to keep SOME things, I decided to also keep some 'optional' things - Like an almost new washer and dryer. And a few other things. So I rent a 10x10 heated and air conditioned space for $90/month.
I figure I could rent a smaller space for less money just for my files and 'essentials', but I have loaned out some things to my kids which would not have bneen possible had I just sold everything and I regularly visit the space and use it to store things I'm not using at the time in my travels - extra space heaters, propane grill, etc. So it has value that way too.
I also decided that when I gave up the full time lifestyle I would not want to own a house/condo etc that required me to do yardwork - so I got rid of everything that was yard work related.
I think the big thing is that, at least in my case, there are some things I simply want to keep that I don't want to take with me.
