Sunday, August 25, 2013

"Moving to Nevada was like getting a raise in pay."

A Porn Star was quoted recently in a local news paper as saying that moving to Nevada from California was liking to a pay raise.

Over the years, I posed this question to only a few of the clients I work with and most seemed to never have even thought of it that way.

Now, several celebrities are residents of Nevada and they (still) live (part time) in California. I am sure that the California tax folk would be inquiring about this IF there was a sudden change in many wealthy Californians exiting the state.

But, one of the benefits of a Nevada Residency is that IF you earn income outside of California, you do NOT have to pay California a portion of those earnings.

And, Nevada being one of the few states without a State income tax, it's like the Porn Star said: "It's like getting a pay raise."

So, maybe when you are searching for a good CRE income property, you could also find a nice residential place which could become your new home.

This is just something to think about.

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR call 70 25 01 93 88

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