Quote:
quote:Originally posted by adelmoll
Just be very careful that the State you are moving from allows you to leave without buying property somewhere else.. Many states are going after you years later.. It can cost you thousands... This is not something that the mail forwarding services tell you about until it is too late...
Helen
|
Helen,
You are correct but if you are not looking to own real property any where if you lived in a state such as us in NJ they are going to get you. Here in the wonderful state of NJ they call it a realty transfer tax and unless you stay in the state regardless of owning property for at least 1 year you will have to pay it. For us it amounts to about $4,000.
Pretty sad but that's what keeps the coffers filled in the state house. We promised the state that we would turn the lights off when we left.
SD here we come!
Les