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Buy property in the North Country if you move here, not near a lake or the Massachusetts border.
Just curious as to why you would suggest this?
I was considering the Merrimack Valley area, as I thought the winters would be slightly milder than the North or Northwest.
1. NH consistantly ranks as one of the states with the top 5 lowest overall tax burdens.
2. A 2 year old $20K car registration is in the $400-500 range. In my opinion - although you may pay a little bit more than AZ it certainly is not even CLOSE to "evening out" based on car registration. (See #1)
3. If you live in NH and a spouse works in Maine then you get hit for Maine state tax. If you live in NH and a spouse works in Mass - then only your spouse gets hit.
I would just like to add that although New Hampshire has no state tax or sales tax, the fees even it out. Try and register a car in New Hampshire and you will know exactly what I am talking About.
3. If you live in NH and a spouse works in Maine then you get hit for Maine state tax. If you live in NH and a spouse works in Mass - then only your spouse gets hit.
incorrect - the income of both (from 1040) is considered when you pay MA taxes. You generally pay more than if taxed on MA income alone.
Does NH have home exemptions by age for the homeowner who lives full-time on their property similar to what we have here in Hawaii? I could not believe the high property tax rates in NH even compared to Hawaii WITH our sales tax and state income taxes..
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