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Old 11-04-2007, 11:07 AM
Senior Member
 
Join Date: Nov 2007
Location: Chattanooga
306 posts, read 354,577 times
Reputation: 63
RiverView will become famous soon enoughRiverView will become famous soon enough
Quote:
Originally Posted by basco View Post
Yea but with TN 10% sales tax, and higher property taxes, GA is looking good.

it's not 10%
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yet
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Old 11-12-2007, 06:57 AM
Real Estate Agent
 
Join Date: Jul 2007
Location: Chattanooga
31 posts, read 31,225 times
Reputation: 12
LWClark is on a distinguished road
Southbound - how did your trip go?
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Old 11-12-2007, 10:49 AM
Senior Member
 
Join Date: Aug 2007
Location: TN
275 posts, read 254,335 times
Reputation: 57
financelife will become famous soon enoughfinancelife will become famous soon enough
Depending on your taxable income, it could be beneficial to live in TN where there is NO state income tax. However, if you have lower income but want big property, then it's better to live in GA.

Friends and coworkers tried to convince me to buy a home in GA because of lower propterty taxes. After all the calculations, I found that it was the same or better for me to live in TN.
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