The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE


Subject:  Re: Late Start but still want to retire early! Date:  3/24/2004  12:46 PM
Author:  MunkeeNutz Number:  158967 of 876084

I think pekinrobin lives in Louisiana. Real estate there is cheap and they have a relatively large homestead exemption. I'm pretty sure that you'd pay little or no taxes on a $50,000 home.

Of course, the gov't has to get money from somewhere. Louisiana has an income tax and in New Orleans the sales tax is more than 10% on some items.

Are there places where they have no property tax that are next door to a state that has no sales tax? That would be a good place to call home.


I don't know about sales tax, but as I recall, they have some pretty good strip clubs in Biloxi, MS which is just over a bridge from N.O.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us