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What state would you choose: Maine or New Hampshire? From a firearms point of view. Taxes, chances of future legislation, etc.
How is Maine for taxes on retirement income? 401K, IRA, investments, etc.?26 years ago I made the call to retire in Maine and it involved many reasons including what I want to do. Bought low, sold super high (200% profit) then designed and had built a custom home for the two of us. Spent the whole nut on it and then some more.
If my tax bill was 10K a year I'd crap myself. For 10K I could pay my property taxes, all LP burned plus pay most all of the utilities.
My retirement date is in 2023 or maybe sooner. We both will work in some capacity to stay busy but it will be something that we want to do.
I believe for current use status you can't post blanket no trespassing signs. But you can post specific signs like , no hunting, no ATV's, no camping, etc. But for current use status is has to be open for something.How does trespassing work on current use? Can you post signs?
It’s not great for sure. I’m currently weighing a substantial lump sum payout for my pension. What I do with that after is currently in question. It’s not money I’m willing to gamble with to be honest. My wife also has a pension and 401. Not as flush so that needs to be on the table as well.How is Maine for taxes on retirement income? 401K, IRA, investments, etc.?
Is there a penalty upon sale for those years of current use?Yeah. You need 10 acres in current use.
The trick is to buy a larger lot-say 40 acres. Keep or put 38 acres in current use, and pull the remaining 2 acres out to build. A gotcha is if those 2 acres are in current use, you'll have to pay a penalty to change the status.
Why go north? If I want better gun laws, better taxes, better home prices, better weather, and better just about everything I'd go south. Tennessee would be my number one choice.
Moving from a moonbat state to a potentially-down-the-road-moonbat state isn't really much of an option.
Unless you make snow and ice for a living, limiting yourself to those 2 is counterproductive. Getting out of the North East is the only real option.
Yeah that really is one of the big problems. My family was working hard to move to NH. The wheels fell off that due to Sununu and his ideas. It completely ruined the remaining trust I had for NH leaders. He's supposed to be on "our" side and he's acting like a punk ass bitch for rent. Writing may be on the wall with that one for the state. Time will tell. I hope it's not the case but it was something I never thought a "(R)" gov from NH would do.
NH has a lot of pretty liberal places. Portsmouth is completely insane out of control with the SJW/woke bullshit. And that city has influence in NH whether people here want to admit it or not. There's some huge ass money coming out of that part of the state now.
tax rate per $k is only part of the story though, you need to look at valuation as well