Quote:
quote:Originally posted by mhs4771
Please keep us updated on what you find out. We presently own our stick house here in Western NY in the beautiful Genesee Valley area. We plan on keep the house and property, but want to change our residency to somewhere there doesn't have a state income tax. Hate paying these crooks in NY, would like to put my retirement income to better use, but we still love this area and plan to use it as a base of operations during the summer, just have to watch that we don't over stay our welcome and have to pay the income tax. Have you thought of an area in NY? We have plenty of room to park the monty if you were interested in checking out this area.
Regards,
Michelle S.
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In NY you don't pay any state income tax on your pension or your social security. So, if you aren't working, you will not have to worry about it. This is why we are keeping a residence in NY. We did, however downsize to a smaller place with much lower property taxes.