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Re: Texas Real Estate Tax
02-10-2006, 09:39 AM
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#21
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Re: Texas Real Estate Tax
 Quote:
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Originally Posted by (Cute Fuzzy Bunny)
Huh...I thought we had some posted study of retirees "most retiree tax friendly states" and hawaii was one of the better ones while texas...not so much. Maybe my recollection stinks.
Probably has to do with the avoidability of income taxes in retirement. Them there property taxes are a little tougher...
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No, you're right, that was last year's Bloomberg "Wealth Management" article. Bloomberg sold the magazine and the website doesn't seem to archive that anymore.
Hawaii's tax system socks it to the workers and gives the retirees a break. Excise tax is pretty low, too, although it's rising from 4% to 4.5% next year. Property taxes are becoming an issue and the Hawaii legislature (in session for a couple weeks already) is considering a number of Prop-13 type proposals. Since we have almost no earned income and a low-consumption lifestyle, that works for us!
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
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Re: Texas Real Estate Tax
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02-10-2006, 09:45 AM
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#22
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Thinks s/he gets paid by the post
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 4,204
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Re: Texas Real Estate Tax
I came across this article. Also looks like the site may have some other good information. I have not explored it completely.
http://www.retirementliving.com/RLtaxes.html
__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
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Re: Texas Real Estate Tax
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02-10-2006, 10:05 AM
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#23
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: Texas Real Estate Tax
Quote:
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Originally Posted by Nords
No, you're right
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Woo! Once more today and i'll be tied with the broken clock in the garage... 
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: Texas Real Estate Tax
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02-28-2006, 11:07 AM
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#24
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Confused about dryer sheets
Join Date: Feb 2006
Posts: 4
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Re: Texas Real Estate Tax
I am surprised that little/nothing has been said about Nevada. 6000 people moving to Vegas per month can't be wrong. No state income tax, reasonable property taxes (about 1% of value). YOU control if you pay any gaming taxes (don't gamble, don't pay). Reasonable food costs at the casino (again, if you've got the will power not to donate to the one armed bandits). Sales tax is 7.5% but no tax on food.
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Re: Texas Real Estate Tax
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02-28-2006, 12:21 PM
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#25
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: Texas Real Estate Tax
Temperature of hot molten lava all summer long...
Pollution.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: Texas Real Estate Tax
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02-28-2006, 01:04 PM
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#26
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Confused about dryer sheets
Join Date: Feb 2006
Posts: 4
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Re: Texas Real Estate Tax
Its a dry heat. I was in Austin, TX in June and I'd take Vegas over Austin any day due to the humidity. EPA reports no worse pollution in Vegas than any other major city in America. For a small town, try Pahrump, in the next valley west of Vegas. It is also growing fast. It recently got a Wal-Mart!
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Re: Texas Real Estate Tax
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02-28-2006, 01:11 PM
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#27
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Thinks s/he gets paid by the post
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 4,204
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Re: Texas Real Estate Tax
Quote:
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Originally Posted by FC4free
Its a dry heat.
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I am always reminded that “so is my oven”
Don't want to get into my gun is bigger than your gun.
We lived in Las Vegas. I has some great advantages. Great entertainment, lots of part time work, if you are so inclined. We were there in the early 70's, and it has grown. If I lived there I would go to work for the convention center, just to get into all the conventions. What a way to stay up on whats new. But the earlier poster was right HOT HOT HOT in the summer. We had to cancel flying in the afternoon because the crew chiefs could not touch the aircraft without burning themselves. If you go to google earth, and look at the flight line at Nellis you will now see they have errected shelters for the aircraft.
__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
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Re: Texas Real Estate Tax
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02-28-2006, 02:04 PM
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#28
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,610
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Re: Texas Real Estate Tax
Quote:
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Originally Posted by FC4free
I am surprised that little/nothing has been said about Nevada.* 6000 people moving to Vegas per month can't be wrong.*
[/quote/
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Apparently some are wrong as Vegas has a pretty high move out rate along with the move ins.
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Re: Texas Real Estate Tax
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02-28-2006, 03:47 PM
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#29
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Re: Texas Real Estate Tax
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Originally Posted by JPatrick
Apparently some are wrong as Vegas has a pretty high move out rate along with the move ins.
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Yeah, but they're still stuck in traffic and can't be counted until they clear the Strip.
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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Re: Texas Real Estate Tax
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02-28-2006, 06:27 PM
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#30
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Dryer sheet wannabe
Join Date: Jan 2006
Posts: 22
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Re: Texas Real Estate Tax
Quote:
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Originally Posted by Nords
Yeah, but they're still stuck in traffic and can't be counted until they clear the Strip.
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Nothing like trying get get home after work on Friday and get behind the lost tourists that just arrived and are driving rental cars.* Or on weekends trying to run errands with all the tourists that have 5 to many free drinks at the casinos.* I hated living there.*
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