Forum Discussion
4X4Dodger
May 29, 2015Explorer II
ChemistJason wrote:
Question for the full timers out there. If you're truly full timing it and have no physical address, what is your state/county/city/township for things like voting, tax status, etc?
I would think you'd be most interested "declaring" your residence in whatever state is most advantageous for taxation purposes, but if there are other considerations I'd like to hear them.
If you are truly retired then taxation may not be the wisest thing to put first when considering a residence. Generally as a retired person your income is lower and some of it not taxable. Therefore income tax would not be such a great factor.
What is a more important consideration is your ongoing non variable expenses...especially Auto and RV insurance. It does you no good to pick a low tax state if that state has a high auto insurance rate.
And while many choose on the basis of the cost to REGISTER their vehicles the real issue is how much is the yearly license fee.
It's these ongoing expenses that should be first consideration.
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