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Financial Planning / Tax Strategies


Subject:  Re: CA state taxes and cruising lifestyle? Date:  2/10/2007  9:26 AM
Author:  bacon Number:  91979 of 128041

Anyone know what the world sailor with a little used second home in California needs to do to legally avoid the clutches of the Franchise Tax Board?

You could think about moving to/establishing residency in Florida, where income taxes are against the state constitution. They make up for that with higher sales taxes, but with you living--and so buying--elsewhere, that shouldn't impact you too much.

Eric Hines
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