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Steve B December 13th 09 01:45 AM

Dual residency
 
I have an interest to hold residency in two states. Where would I find out
more about this?

Steve



nom=de=plume December 13th 09 02:53 AM

Dual residency
 
"Steve B" wrote in message
...
I have an interest to hold residency in two states. Where would I find out
more about this?

Steve



I know of no Federal requirements. It's probably dependent upon the two
states in question. This is certainly true for state taxation. Suggest you
contact the states' tax agency, since they're the ones who are going to care
the most, perhaps followed by the two DMVs.

--
Nom=de=Plume



thunder December 13th 09 03:47 AM

Dual residency
 
On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote:

I have an interest to hold residency in two states. Where would I find
out more about this?

Steve


Why on earth would you have an interest in double taxation?

thunder December 13th 09 06:42 AM

Dual residency
 
On Sat, 12 Dec 2009 22:53:58 -0800, Steve B wrote:

"thunder" wrote in message
t...
On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote:

I have an interest to hold residency in two states. Where would I
find out more about this?

Steve


Why on earth would you have an interest in double taxation?



Huh? One state has a much lower sales tax. One state has no state
income tax. One state has much lower insurance rates. The other state
has my union insurance coverage at a mere pittance and better coverage
than the other. Each has advantages, and I'd like to split residency
and take advantage of those.

Steve


http://www.dimontelaw.com/establishing_residence.htm


Steve B December 13th 09 06:52 AM

Dual residency
 

"thunder" wrote in message
t...
On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote:

I have an interest to hold residency in two states. Where would I find
out more about this?

Steve


Why on earth would you have an interest in double taxation?




Steve B December 13th 09 06:53 AM

Dual residency
 

"thunder" wrote in message
t...
On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote:

I have an interest to hold residency in two states. Where would I find
out more about this?

Steve


Why on earth would you have an interest in double taxation?


Huh? One state has a much lower sales tax. One state has no state income
tax. One state has much lower insurance rates. The other state has my
union insurance coverage at a mere pittance and better coverage than the
other. Each has advantages, and I'd like to split residency and take
advantage of those.

Steve



BAR[_2_] December 13th 09 12:47 PM

Dual residency
 
In article ,
says...

I have an interest to hold residency in two states. Where would I find out
more about this?


Talk to a CPA from both states or talk to a tax attorney.

Good luck and let us know what happens in state and federal tax court.

Steve B December 13th 09 10:10 PM

Dual residency
 

"BAR" wrote in message
. ..
In article ,
says...

I have an interest to hold residency in two states. Where would I find
out
more about this?


Talk to a CPA from both states or talk to a tax attorney. Good luck and
let us know what happens in state and federal tax court.


I'm retired and everything is in trusts.



Bill McKee December 14th 09 03:09 AM

Dual residency
 

"Steve B" wrote in message
...

"BAR" wrote in message
. ..
In article ,
says...

I have an interest to hold residency in two states. Where would I find
out
more about this?


Talk to a CPA from both states or talk to a tax attorney. Good luck and
let us know what happens in state and federal tax court.


I'm retired and everything is in trusts.


Everything in trusts does not mitigate taxes. Just preserves the exemption
of both spouses if married, and avoids paying an attorney 6% for probate. I
doubt any state will let you declare dual residency when they want money.
Some live near the border. Aquaintance lives near the Oregon and Idaho
border in Washington, since he retired. No state income tax, go across the
border to Oregon to shop and no sales tax, and a short drive to the daughter
in Idaho.



Steve B December 14th 09 03:58 AM

Dual residency
 

"Bill McKee" wrote in message
...

"Steve B" wrote in message
...

"BAR" wrote in message
. ..
In article ,
says...

I have an interest to hold residency in two states. Where would I find
out
more about this?

Talk to a CPA from both states or talk to a tax attorney. Good luck and
let us know what happens in state and federal tax court.


I'm retired and everything is in trusts.


Everything in trusts does not mitigate taxes. Just preserves the
exemption of both spouses if married, and avoids paying an attorney 6% for
probate. I doubt any state will let you declare dual residency when they
want money. Some live near the border. Aquaintance lives near the Oregon
and Idaho border in Washington, since he retired. No state income tax, go
across the border to Oregon to shop and no sales tax, and a short drive to
the daughter in Idaho.


I live 27 miles from the border.




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