Hi,
I have posted some general questions about taxes etc. in this forum already and got great response from a lot of people which was very helpful, thanks again! Now I would like to ask some more specific questions.
I am European, live here in Southern California, and will give up rent here and want to get an RV, trade from the "home office" in the RV and travel the US fulltime. I also have a company (LLC) registered in Nevada (my trading will run over it, tax wise).
What would be the best state to “select†as my “home state†and how to do it, and how quickly can it be done?:
- Alaska? I realized this would be a state with both, no income tax and no sales tax. Is there any requirement to be there at least once a year or so (as you have to go via Canada one could easily check (passport stamps) ? Pros/cons? Any other state with no (low) income/income from investments/sales tax?
- Or now Oregon and Nevada next year? Oregon, with no sales tax, is near California and I found a mail forwarding service with an address there (sales tax is now relevant as I have to purchase the RV). As I have tax deductions from last year I could use them for 2007 to pay no or low income tax. And than, in 2008, I could "move" to Nevada as there is no income tax (but sales tax), as my company is registered there anyway?
- Any other recommended states? Where are other full-timers registered?
- Any particular cities which would be good/bad for getting registered there?
- As I was living in Cali from Jan to March 07, do I have to expect any troubles in regards to taxes when leaving now and getting registered somewhere else (e.g. pro rata income tax), or could I run into troubles with avoiding sales tax now?
- Which mail forwarding company offers the most flexibility in terms of address locations (e.g. Alaska, Oregon, Nevada, wherever)? And, is such an address enough for being accepted as a resident there in regards to taxes?
- What and how to do? In most European countries you have to get registered in the city you live, but not here, right? Btw, I got my California Driver License. Would it help to get an address in, let’s say Nevada, go to a DMV for a Nevada DL, and declare my taxes there after the year is over?
- Any other information about residency/taxes/mail forwarding & address services are of course also very much appreciated!
Thx!
I have posted some general questions about taxes etc. in this forum already and got great response from a lot of people which was very helpful, thanks again! Now I would like to ask some more specific questions.
I am European, live here in Southern California, and will give up rent here and want to get an RV, trade from the "home office" in the RV and travel the US fulltime. I also have a company (LLC) registered in Nevada (my trading will run over it, tax wise).
What would be the best state to “select†as my “home state†and how to do it, and how quickly can it be done?:
- Alaska? I realized this would be a state with both, no income tax and no sales tax. Is there any requirement to be there at least once a year or so (as you have to go via Canada one could easily check (passport stamps) ? Pros/cons? Any other state with no (low) income/income from investments/sales tax?
- Or now Oregon and Nevada next year? Oregon, with no sales tax, is near California and I found a mail forwarding service with an address there (sales tax is now relevant as I have to purchase the RV). As I have tax deductions from last year I could use them for 2007 to pay no or low income tax. And than, in 2008, I could "move" to Nevada as there is no income tax (but sales tax), as my company is registered there anyway?
- Any other recommended states? Where are other full-timers registered?
- Any particular cities which would be good/bad for getting registered there?
- As I was living in Cali from Jan to March 07, do I have to expect any troubles in regards to taxes when leaving now and getting registered somewhere else (e.g. pro rata income tax), or could I run into troubles with avoiding sales tax now?
- Which mail forwarding company offers the most flexibility in terms of address locations (e.g. Alaska, Oregon, Nevada, wherever)? And, is such an address enough for being accepted as a resident there in regards to taxes?
- What and how to do? In most European countries you have to get registered in the city you live, but not here, right? Btw, I got my California Driver License. Would it help to get an address in, let’s say Nevada, go to a DMV for a Nevada DL, and declare my taxes there after the year is over?
- Any other information about residency/taxes/mail forwarding & address services are of course also very much appreciated!
Thx!