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#161 | |
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Full time employment: Posting here.
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Posts: 529
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Quote:
It looks like we forum members can make up our own FIRE Beige Book! ![]() We can have a lead on the market. By the time the public sees the Fed Beige Book, and sees that it was bad, we will be buying already. |
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#162 |
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Recycles dryer sheets
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Posts: 53
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I have a 26 ft Lazy Daze class c with this being our fourth summer. It is a great lifestyle if you love the outdoors and love travel. When we finally FIRE, we will use it a lot more including July and August in the Rockies - perhaps we'll campground host and earn a buck or two while getting free camping. $4 gas sucks but if you don't move every day, you don't spend that much per day.
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#163 |
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Thinks s/he gets paid by the post
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Posts: 2,203
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Another thought about the fuel prices......
When we started our adventure over 3 years ago, we were well aware that gas prices could go much higher. Prices were quite cheap at the time on a historical basis, even if not quite as cheap as a couple years earlier. But we figured - the sooner the better on fulltime RVing, because it was just going to get more expensive later. Of course, lo-and-behold, hurricane Katrina attacked New Orleans a few days after we sold our house and the very day we left Austin finally officially fulltimers. Instant fuel price jump! I remember taking the motorhome by a station just a couple days later and topping off the tank up just in case there were nationwide shortages. We have a great knack for timing major trips to coincide with the next run-up in fuel prices. Left TX for the Pacific Northwest mid-March 2008. It's all an adventure, no matter what the sticker shock! Audrey |
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#164 |
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Full time employment: Posting here.
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Posts: 903
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How can you put a price on sleeping in your own bed every night ? I have spent too many nights in hotel rooms (ranging from Asian hovels to Grand Hyatts- probably 2500+ nights) over the last 25 years to want to do it on vacation. I'll take a nice class A motorhome with the same mattress I have in my home over the Motel 6 any day- which is probably the closest you can get to Class A campground fees.
If you try to justify a motorhome as a purely financial decision, you can't. If you enjoy it, have the budget for it, and feel you are getting what you want out of owning it then you have your answer.
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Sarchasm : The gulf between the author of sarcastic wit and the person who doesn't get it. |
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#165 | |
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Full time employment: Posting here.
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Posts: 903
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Don't a lot of folks license their high-value vehicles in Oregon to avoid paying state sales tax?- I know when I lived in Washington a few years ago Oregon plates on Porsches and motor homes were a big problem- and I know my uber-wealthy BIL has all his vehicles licensed thru a shell corporation there.
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Sarchasm : The gulf between the author of sarcastic wit and the person who doesn't get it. |
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#166 | |
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Thinks s/he gets paid by the post
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Posts: 2,203
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When camping at the fancy resorts around the country I sure see a lot of big fancy motorhomes with Montana plates though. Often with the towed vehicle with another state plates. That seems to be the popular tax dodge these days. Colorado starting cracking down on it though, and they were very successful. I suspect several other states will follow suit now. Audrey |
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#167 |
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Moderator Emeritus
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Location: Texas Hill Country
Posts: 11,493
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Not sure about Oregon but one well known way to avoid paying state taxes on a motorhome or other high-value vehicles is through a Montana LLC. I looked into it when buying our motorhome but found it to be way too questionable for my comfort level.
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#168 |
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Moderator
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Location: Tampa
Posts: 5,879
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How does that work? Are LLC's tax exempt in Montana? Residency required?
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Rich Tampa, FL (10% retired) As if you didn't know..If the above message happens to contain medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any medical purpose whatsoever. Consult your own doctor for all medical advice. |
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#169 | |
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Moderator Emeritus
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Location: Texas Hill Country
Posts: 11,493
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I looked at it and determined I'd be clearly violating my state tax laws, but that doesn't stop everyone of course. They guy I bought my MH from had a LLC and my check for the purchase price was made out to the LLC, not him. Be careful, very careful. As Audrey mentioned, Colorado is taking action on LLC used to register RVs and other states may follow. |
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#170 | |
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Moderator
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Location: Tampa
Posts: 5,879
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Quote:
Full timers often claim Fla residence for similar reasons.
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Rich Tampa, FL (10% retired) As if you didn't know..If the above message happens to contain medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any medical purpose whatsoever. Consult your own doctor for all medical advice. |
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#171 |
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Moderator Emeritus
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Location: Oahu
Posts: 15,666
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Every year we have a few entrepreneurs who become citizens of the Sovereign Kingdom of Hawaii and stop paying their state/federal taxes.
It works great until the auditors catch up with their backlog...
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* * For more info see "About Me" in my profile. |
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#172 | |
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Thinks s/he gets paid by the post
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Posts: 1,000
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Personally, I don't 'get' the RV lifestyle. Based upon this article [globeandmail.com: The end of the road], it seems to consist of obese elderly people driving gas-guzzling
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"There is no more dreadful punishment than futile and hopeless labour" - Albert Camus |
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#173 |
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Moderator Emeritus
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Location: Texas Hill Country
Posts: 11,493
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“Americans are what used to keep this place going,” she says. “Now they're gone. Gone, gone, gone.”
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#174 | |
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Thinks s/he gets paid by the post
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Posts: 2,203
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Not saying that it doesn't exist. But I have never stayed in a scrubby trailer park (yes, they exist), and never overnighted at Walmart (though I would if that was our only option) and most RVers I encounter are pretty active folks and enjoy and appreciate the outdoors - which is the whole point for most campers. And lots of obese people in the US sit around in big chairs and eat junk food and smoke and it has nothing to do with owning an RV or not. ![]() Scrubby trailer park? I think not! For many folks getting to spend days and nights in these fabulous surrounds but in their own bed/bath/kitchen is what RVing is all about. (Palo Duro Canyon in the TX panhandle for those who don't recognize the cliffs). Audrey |
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#175 | |
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Moderator Emeritus
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Location: Texas Hill Country
Posts: 11,493
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Quote:
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#176 | |
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Moderator Emeritus
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Location: Oahu
Posts: 15,666
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About the only thing in your critique that applies to REWahoo's situation is "gas-guzzling", and I'm referring to his RV. You'll have to post your criteria for what you consider to be a "good" vacation lifestyle so that the RV'ers can reciprocate.
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* * For more info see "About Me" in my profile. |
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#177 | |
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Thinks s/he gets paid by the post
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Posts: 1,000
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Quote:
Those are my personal criteria, posted since you asked. I don't claim that they are universal.
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"There is no more dreadful punishment than futile and hopeless labour" - Albert Camus |
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#178 | |
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Full time employment: Posting here.
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Posts: 903
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Quote:
Try this view instead, I appreciate the opportunity to enlighten you. Take your retirement on the road - MSN Money
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Sarchasm : The gulf between the author of sarcastic wit and the person who doesn't get it. Last edited by Rich_in_Tampa; 07-18-2008 at 01:13 PM. Reason: Quote formatting fixed - was hard to read |
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#179 |