Senator
Thinks s/he gets paid by the post
I recently passed three years in retirement, and I thought I would give an update. Several people have wondered where I have been. I travel extensively now even with my 24 renters. I try not to see any snow, except on the news.
I sold a rental house in St. Paul and did a 1031 Exchange to a place in Kissimmee, FL. I purchased the St Paul place for $38K and sold it 30 months later for $175K, after renting it for 18 months or so.
The Kissimmee, FL place I use for a mostly “hands off” Vacation rental. It is rented out quite a bit, and is a great investment only a mile from the Disney World exit. I stay there periodically to get repairs done (and get a tax deduction) and see a few sights.
Purchased a place in Florida on 4-acres, where I homestead and claim residence. The DGF remains a resident in MN, and homesteads the place in MN. The net tax savings should be over $5K annually. I am already away from MN more than 6-months of the year anyway, there is no sense me giving them any more money than they already have.
Visited Churchill, Manitoba and saw a ton of wild polar bears. I spend four days and three nights there. It’s a bit eerie walking in downtown Churchill, at night, knowing that a polar bear could come at you. And it was only about a 3-block walk. They did have to run-off a polar bear outside our hotel while we were there.
Saw sunrise on Mount Haleakala, and did the 26-mile bike ride down the mountain to the ocean. Whale watching of Lahina, Maui. Saw sunset on Mauna Kea (13.8K elevation) in Volcanoes National Park, and did a bit of stargazing while up there. I scattered my mothers’ ashes in the waters off Diamondhead, at Waikiki from an outrigger canoe, as she wanted. And we surfed a wave in the canoe on the way in. Something that should have been done 20 years previously. We did a lot of hiking on Lanai.
We went to Monowi, NE for a burger lunch. Monowi is the smallest town in the Northern Hemisphere. Population 1. We met Elsie Eiler. She is 85 years old and runs the Monowi Tavern and is very active and quite a lively character. She works 12-hours a day, 6 days a week. By herself mostly. The tavern has dirty plywood floors and a real outhouse for facilities. You may have seen her on many different TV commercials or highlights. Arby’s, Prudential Financial, and several others. Here is the link to the Prudential commercial. Sort of retirement advice too.
https://www.ispot.tv/ad/drgH/prudential-the-state-of-us-monowi-ne
We have a goal of visiting every national park. So far, we have seen many since we retired, and have a bunch more to see.
Out healthcare is still free and working great. The NW is up over $1M since retirement. No complaints, the plan is working.
I sold a rental house in St. Paul and did a 1031 Exchange to a place in Kissimmee, FL. I purchased the St Paul place for $38K and sold it 30 months later for $175K, after renting it for 18 months or so.
The Kissimmee, FL place I use for a mostly “hands off” Vacation rental. It is rented out quite a bit, and is a great investment only a mile from the Disney World exit. I stay there periodically to get repairs done (and get a tax deduction) and see a few sights.
Purchased a place in Florida on 4-acres, where I homestead and claim residence. The DGF remains a resident in MN, and homesteads the place in MN. The net tax savings should be over $5K annually. I am already away from MN more than 6-months of the year anyway, there is no sense me giving them any more money than they already have.
Visited Churchill, Manitoba and saw a ton of wild polar bears. I spend four days and three nights there. It’s a bit eerie walking in downtown Churchill, at night, knowing that a polar bear could come at you. And it was only about a 3-block walk. They did have to run-off a polar bear outside our hotel while we were there.
Saw sunrise on Mount Haleakala, and did the 26-mile bike ride down the mountain to the ocean. Whale watching of Lahina, Maui. Saw sunset on Mauna Kea (13.8K elevation) in Volcanoes National Park, and did a bit of stargazing while up there. I scattered my mothers’ ashes in the waters off Diamondhead, at Waikiki from an outrigger canoe, as she wanted. And we surfed a wave in the canoe on the way in. Something that should have been done 20 years previously. We did a lot of hiking on Lanai.
We went to Monowi, NE for a burger lunch. Monowi is the smallest town in the Northern Hemisphere. Population 1. We met Elsie Eiler. She is 85 years old and runs the Monowi Tavern and is very active and quite a lively character. She works 12-hours a day, 6 days a week. By herself mostly. The tavern has dirty plywood floors and a real outhouse for facilities. You may have seen her on many different TV commercials or highlights. Arby’s, Prudential Financial, and several others. Here is the link to the Prudential commercial. Sort of retirement advice too.
https://www.ispot.tv/ad/drgH/prudential-the-state-of-us-monowi-ne
We have a goal of visiting every national park. So far, we have seen many since we retired, and have a bunch more to see.
Out healthcare is still free and working great. The NW is up over $1M since retirement. No complaints, the plan is working.