Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 06-21-2008, 04:42 PM   #21
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,138
Quote:
Originally Posted by Danny View Post
do you have indoor plumbing?
Yep, when it rains...
__________________

__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-21-2008, 08:03 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by REWahoo View Post
Yep, when it rains...

my wife's Texarkana branch didn't have it indoors for a good long while - Wife is gearing up while I hunker down for 2 bathroom remodels...life was so much simpler and cheaper in them old days...
__________________

__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 06-22-2008, 06:38 AM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,979
Sorry for the original post since it turned into a property tax debate for a few states/cities...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 06-22-2008, 07:13 AM   #24
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,138
Quote:
Originally Posted by Midpack View Post
Sorry for the original post since it turned into a property tax debate for a few states/cities...
Never apologize for the forum's ability to hijack one of your threads - it happens almost every time...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 06-22-2008, 08:49 AM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Quote:
Originally Posted by Danny View Post

my wife's Texarkana branch didn't have it indoors for a good long while - Wife is gearing up while I hunker down for 2 bathroom remodels...life was so much simpler and cheaper in them old days...
If I ever have to redo the kitchen again, we will start living in the camper in the driveway while the "magic" happens. What a mess...
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Old 06-22-2008, 09:43 AM   #26
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,138
I've always heard living in a house while you're remodeling ranks right up there with divorce in terms of stress levels.

Hmmmm. Wonder if remodeling contractors could make some money on the side selling client lists to divorce lawyers...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 06-22-2008, 10:04 AM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Back OT, my property tax is about 1.9%, sales tax is 8.25%, and income tax is 0%. DFW, TX suburbs...
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 06-22-2008, 10:08 AM   #28
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,138
Quote:
Originally Posted by HFWR View Post
Back OT....
The nerve of some people...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 06-22-2008, 10:16 AM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by brewer12345 View Post
If I ever have to redo the kitchen again, we will start living in the camper in the driveway while the "magic" happens. What a mess...
Amen. The controlled chaos around here tipped out of the control band yesterday and my wheels came off for about an hour. Everything that used to be in my kitchen cabinets is spread all over the house, my kitchen is still a war zone, and my yard is strewn with little islands of sand, stucco mix and color coat.

I didnt see a date on the OP's report, but it must be old. The median Sacramento home value is listed at ~165k and its closer to $275k right now even after the pull back in prices.
__________________
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.
cute fuzzy bunny is offline   Reply With Quote
Old 06-22-2008, 11:57 AM   #30
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,620
Quote:
Originally Posted by cute fuzzy bunny View Post
I didnt see a date on the OP's report, but it must be old. The median Sacramento home value is listed at ~165k and its closer to $275k right now even after the pull back in prices.
Quote:
Sperling's Best Places, an online service that lets you compare cities by climate, cost of living, crime rate, and access to cultural and leisure activities, compiled a list of median sale prices for a 2,000-square-foot home sold last year in each of the 51 cities.
Sperling is clearly not one of the "best places" to get this data, and apparently Kiplinger's is living up to their usual standards. A 2000 sq ft home in Honolulu would sell for at least twice this "estimate", pushing 3x in some neighborhoods, and it's well documented by state resale data that the median single-family home price has been north of $600K for at least two years.

It bothers me that the study quotes sales tax in $$ instead of percent without reassuring readers that they've accounted for wildly varying costs of living in all their areas. For example Honolulu's "sales tax" is actually a regressive 4.5% excise tax and the cost of living is roughly estimated to be 20-30% higher than most Mainland cities of comparable size.

If we can spend five minutes machine-gunning holes in their data from across the nation, what does that imply about the study's overall quality?

I haven't seen a good "tax-friendly states" ranking since Bloomberg Media ditched their "Wealth Management" magazine. It's been at least two or three years now.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 06-27-2008, 12:41 PM   #31
Thinks s/he gets paid by the post
 
Join Date: Mar 2007
Posts: 3,323
Midpack: This comes courtesy of Want2retire some months ago:

http://www.jpaulknight.com/investing/wealthfriendly.pdf
__________________
Please consider adopting a rescue animal. So very many need a furr-ever home and someone to love them! And if we all spay/neuter our pets there won't be an overpopulation to put to death.
Orchidflower is offline   Reply With Quote
Old 06-27-2008, 02:32 PM   #32
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,613
Quote:
Originally Posted by Nords View Post
I haven't seen a good "tax-friendly states" ranking since Bloomberg Media ditched their "Wealth Management" magazine. It's been at least two or three years now.
I don't really think you could do a "good" and relatively accurate one unless it accounted for a lot of different lifestyles and personal situations. In particular I see a function of three primary inputs:

* Higher income or lower income?
* Big/expensive house, small/cheap house or renter?
* Spendy or very thrifty/LBYM?

There are some other minor variables, such as how pension income is treated, how investment income is treated, how personal property is treated and what senior tax breaks may exist state by state. But IMO, these top three are the big ones.

A state which might be good for retirees with *one* set of inputs from these three variables may be a terrible choice with a different set.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 06-27-2008, 04:14 PM   #33
Thinks s/he gets paid by the post
walkinwood's Avatar
 
Join Date: Jul 2006
Location: Denver
Posts: 2,677
Here's the original 2003 article - it is out of date which explains the wrong data I hope.
Where You Stay = What You Pay - Kiplinger.com
__________________

__________________
walkinwood is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
States with no income tax renferme Life after FIRE 71 03-19-2007 04:32 PM
class in the united states Martha FIRE and Money 96 05-25-2005 04:04 PM
Anyone live in two states? farmerEd Other topics 19 04-26-2005 06:11 AM
Cheap computer deal through 8/15 - new deal! cute fuzzy bunny Other topics 55 11-24-2004 11:04 PM
Most & Least Corrupt States G_Mack Other topics 6 09-16-2004 12:49 PM

 

 
All times are GMT -6. The time now is 10:15 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.