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Old 09-23-2020, 09:33 AM   #61
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Retiring to Las Vega also means retiring to Nevada.

How is the corona virus shutdown hitting Nevada tax revenues? Those casinos are/were a huge source of tax revenue, correct? Will they need to raise other taxes to make up for the loss? Are they cutting the budget? Is there any rumbling to impose a state income tax? Or raise other taxes?

I ask the above because corona virus in my state is becoming a reason to add a state income tax. Toss in the recent forest fires and they also want a new carbon tax. Of course, there is no talk of reducing any other taxes to compensate for the new ones.
This area Vegas has really been hit hard..countless jobs lost. Will they come back, who knows. But I would expect higher taxes, less services and maybe increasing property crime.
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Old 09-23-2020, 11:40 AM   #62
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Even if Nevada ends up with a state income tax our property taxes are incredibly low. Our house is appraised at 371k and our yearly taxes are 770. The formula takes into account how old your house is.
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Old 09-23-2020, 02:28 PM   #63
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Henderson is very safe and is in the top ten cities in the US safetywise.

I have been living in Henderson since 1995.
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Old 09-23-2020, 02:40 PM   #64
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Even if Nevada ends up with a state income tax our property taxes are incredibly low. Our house is appraised at 371k and our yearly taxes are 770. The formula takes into account how old your house is.
Terry: I vote to increase your tax rate to mine :-)

I think all taxes will have to rise: property & sales taxes are easiest to increase because they are already in place.

Clark County is losing a massive amount of sales tax revenue, hotel tax rev., entertainment ticket taxes & car rental taxes.

The combined 2020 sales tax rate for Clark County is 8.38% -- The Nevada state sales tax rate is currently 4.6% & the Clark County sales tax rate is 3.78%.
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I've done a lot of research on neighborhoods
Old 09-23-2020, 04:17 PM   #65
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I've done a lot of research on neighborhoods

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Originally Posted by CaliKid View Post
What area(s) did they start in and why did they move?
I also spent a lot of time driving around these neighborhoods in June.

NW Vegas is desirable--Summerlin, Sun City
Henderson is also a very popular area, which is SE Vegas, and a bit less expensive.
I was told by locals to avoid NE Vegas (I've been to a casino up there; I kinda get it just on that one visit) & directly East of the Strip. The LV Country Club is NE of the Strip--some cool houses but apparently surrounded by sketchy areas.

As far as the heat--we are from Nebraska. I'll take dry heat ANYDAY over humid heat. Plus I'm OVER winter.

We have done over 100 trips to Vegas in nearly 30 years. Yes, we gamble (mostly poker). But we have met numerous couples who have retired there who also gamble. They LOVE IT. Gambling is part of your budget just like anything else--an entertainment expense. I realize not all people can do that, but we are confident in our plans.
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Old 09-25-2020, 04:49 PM   #66
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I have to laugh when people talk about Las Vegas' dry heat. When it's 114 degrees in the summer, does it really matter that the heat is dry? The heat in an oven is dry, but I wouldn't want to sit in it. I like to visit Las Vegas, but I wouldn't care to live there. But that's just me. I don't like hot weather, dry or wet.
Another thing to note is that any day that has a high of about 105 or less, once the sun goes down, is really comfortable. 85 and dry here at night is way way different than 85 and humid at night like when I lived in Memphis,TN. The outdoor restaurants can also spray a fine water mist that cools things down quite a bit. Can't do that in a humid environment.

Also, Summerlin tends to be about 5 degrees or so cooler than the valley/strip.
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Old 09-26-2020, 10:00 AM   #67
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Even if Nevada ends up with a state income tax our property taxes are incredibly low. Our house is appraised at 371k and our yearly taxes are 770. The formula takes into account how old your house is.
Can you post a link to the tax formula? My house is appraised at slightly more than yours, but my Clark County real estate tax is quite a bit more than yours.
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Old 09-26-2020, 10:06 AM   #68
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I also spent a lot of time driving around these neighborhoods in June.

As far as the heat--we are from Nebraska. I'll take dry heat ANYDAY over humid heat. Plus I'm OVER winter.
Amen to both the dry heat and being OVER winter.


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Originally Posted by Librarian View Post
We have done over 100 trips to Vegas in nearly 30 years. Yes, we gamble (mostly poker). But we have met numerous couples who have retired there who also gamble. They LOVE IT. Gambling is part of your budget just like anything else--an entertainment expense. I realize not all people can do that, but we are confident in our plans.
Yup, gambling is entertainment, and can be budgeted for. I play both poker and advantage BJ, and so have a "negative" budget over time and many visits. I would love to move back to Vegas permanently, but the wife says no.
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Old 09-26-2020, 10:43 AM   #69
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Paul, I would assume it’s on the Washoe County website.
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Old 09-26-2020, 01:36 PM   #70
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Paul, I would assume it’s on the Washoe County website.
Ah, you don't live in the Vegas area. Since real estate taxes are local, your tax rate in Washoe is bound to be calculated differently than my rate in Clark County. Thanks anyways.
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