Living on a boat and avoiding taxes
- Thread starter Fishbird
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Updated 4:00 am, Wednesday, May 31, 2017
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Sausalito
Sausalito’s split between wealthy luxury homes and less-affluent houseboat dwellers is not a new phenomenon. After the Gold Rush, it became an enclave for fishermen and wealthy yachters; although it was a stone’s throw from San Francisco, unless you had access to a boat, Sausalito was as inaccessible as the moon. It wasn’t until the area got a ferry terminal and a rail line in the 1870s that more people were able to visit. Two decades later, Sausalito officially incorporated. And, of course, the coming of the Golden Gate Bridge in 1937 opened up Marin County for good.
from sfgate.com
IMAGE1
Buy Photo
Sausalito
Sausalito’s split between wealthy luxury homes and less-affluent houseboat dwellers is not a new phenomenon. After the Gold Rush, it became an enclave for fishermen and wealthy yachters; although it was a stone’s throw from San Francisco, unless you had access to a boat, Sausalito was as inaccessible as the moon. It wasn’t until the area got a ferry terminal and a rail line in the 1870s that more people were able to visit. Two decades later, Sausalito officially incorporated. And, of course, the coming of the Golden Gate Bridge in 1937 opened up Marin County for good.
from sfgate.com
Non US citizens should definetely be non US residents as well if they want to avoid income tax. It depends very much on where one is resident, and the possibilities are shrinking, new regulations make it more difficult for eternal travellers, but there are still many oportunities for non US citizens to live free of income and social security taxes, including on their US products trading.
Second time this week Dealmaker manages this feat actually, some posters here seem to make extensive use of the search engine.
Avoiding income tax isn't realistic. In terms of US Citizens that trade for a living blended capital gains and living in a Republican State is about as reasonable as you're going to get without risking jail time. FWIW. It stands to reason that even if you're off-shore that with modern reciprocity and reporting agreements they're going to get you when you move it around to spend any of it.
A small Sausalito house boat starts at over approx. half a million -the nicer ones are well over a million. Residents pay property taxes and berth fees from $850 to $1,450 - they get power from the grid and cable TV reception. The upkeep on a houseboat is very expensive. The demand for these boats is high with not many on the market.
http://www.realtor.com/news/unique-homes/floating-homes-of-sausalito/
http://www.sfgate.com/outdoors/urbanoutings/article/Sausalito-houseboats-Homes-float-3249940.php
http://www.realtor.com/news/unique-homes/floating-homes-of-sausalito/
http://www.sfgate.com/outdoors/urbanoutings/article/Sausalito-houseboats-Homes-float-3249940.php
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