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Western North Carolina The Mountain Region including Asheville
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Old 05-20-2016, 02:42 PM
 
730 posts, read 624,422 times
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Quote:
Originally Posted by QuilterChick View Post
Unless they are retiring with a decent income, we recommend that they find a j.o.b. first before moving here. The pay scale is also 40% less than the northeast. Everything is relative. We don't have the northeast taxes either.

There are decent homes in the Hendersonville area for the mid $200's, some may be a little dated, but those will also be in the nicer areas. They're not going to find cheap land here, and the costs of building from the ground up will be higher. The quality building contractors are not building on the cheap. There are some new developments 'out east' on Rt. 64 they might want to look into; and plenty of nice subdivisions. If you want to DM me I will give you a few names of very good builders (as well as the ones to stay away from). What is their price range ?
Unless your AGI is over $300K for a couple filing jointly, or $150K single filer, both state income taxes and property taxes are deductible for your federal taxes. Above those AGI levels you are limited to 10% of your AGI. So only about 1% of income earning are affected.
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Old 05-23-2016, 06:35 AM
 
730 posts, read 624,422 times
Reputation: 857
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Originally Posted by Clever nickname here View Post
Unless your AGI is over $300K for a couple filing jointly, or $150K single filer, both state income taxes and property taxes are deductible for your federal taxes. Above those AGI levels you are limited to 10% of your AGI. So only about 1% of income earners are affected.
typo fixed
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