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Old 10-29-2007, 05:16 PM
Jman28 Jman28 is offline
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Join Date: Jun 2004
Location: Banana Thief
Posts: 4,101
Default Re: A Snowy Vacation Home.. Where Should it Be?

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As a side note - and this could be huge for you guys - when I lived in Tahoe, I actually lived juuuuuust over the border in a town called Zephyr Cove, which was a 2-3 minute drive to the downtown club/casino and skiing area. As a Nevada resident, you don't have to pay state income tax, which for big spenders like you guys might be enough to pay off the mortgage alone. There are some gorgeous homes in this area - just a thoug

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Wait, could they make this their primary residence (for paperwork only) and save oodles of money?

I know nothing about taxes.

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Raptor lives in Texas, where there is also no state income tax...

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like i know where Raptor lives? Obviously if you live in a state w/o income tax, the statement i made doesn't apply.

James

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I live in a state with income tax. Thanks for the tip. I'll look into this.
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