Author Topic: Toyota moving to Texas  (Read 259073 times)

0 Members and 2 Guests are viewing this topic.

Offline nosuchreality

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 145
  • -Received: 518
  • Posts: 2372
Re: Toyota moving to Texas
« Reply #810 on: December 31, 2020, 10:38:47 AM »
Short term home rental companies are great, right up until your neighbor turns their place into a weekly 72 hour party rental.

There is a good reason hotels typically are not zone residential.

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 481
  • -Received: 755
  • Posts: 13633
Re: Toyota moving to Texas
« Reply #811 on: December 31, 2020, 01:29:18 PM »
Morekas but you and your family still lives in California. Thank you

True, but even I may be moving my business out of state.

But you haven’t. Old man complaining about nothing. It’s like watching videos on YouTube of people complaining about CA. But the guy still lives in CA.

The following member(s) thanked this post:


Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 532
  • -Received: 496
  • Posts: 4417
Re: Toyota moving to Texas
« Reply #812 on: December 31, 2020, 01:57:15 PM »
Morekas but you and your family still lives in California. Thank you

True, but even I may be moving my business out of state.

But you haven’t. Old man complaining about nothing. It’s like watching videos on YouTube of people complaining about CA. But the guy still lives in CA.

I’m not moving, just my income will. I can work out of Las Vegas offices and pay no state taxes...My family and I can pretty much stay put. Offsite work has its advantages!

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 481
  • -Received: 755
  • Posts: 13633
Re: Toyota moving to Texas
« Reply #813 on: December 31, 2020, 02:54:15 PM »
Your not moving because you like living in California. Out of state there is only so much off roading in the desert, hiking in trails, camping, gambling, blasting AC 247 and 365. (hot and humid, too much gambling is an addiction and has ruined many lives)
Out of state the go to spot in the town might be the Walmart or Target shopping center area. IDK
Also, the food options nothing comes close to California.

You can go!
« Last Edit: December 31, 2020, 04:19:04 PM by eyephone »

The following member(s) thanked this post:


Online USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2481
  • -Received: 1966
  • Posts: 9589
  • Gender: Male
Re: Toyota moving to Texas
« Reply #814 on: December 31, 2020, 07:32:37 PM »
Morekas but you and your family still lives in California. Thank you

True, but even I may be moving my business out of state.

But you haven’t. Old man complaining about nothing. It’s like watching videos on YouTube of people complaining about CA. But the guy still lives in CA.

I’m not moving, just my income will. I can work out of Las Vegas offices and pay no state taxes...My family and I can pretty much stay put. Offsite work has its advantages!

Prepare to be probed by the friendly CA franchise tax board if you make any meaningful taxable income.  They'll be looking at your bank statements and credit card statements to verify that you are officially out of California.  Your office may "move" to Las Vegas but you won't be able to get away from paying income to the CA franchise tax board unless you prove to them that you are not living in CA.
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!

The following member(s) thanked this post:


Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 532
  • -Received: 496
  • Posts: 4417
Re: Toyota moving to Texas
« Reply #815 on: December 31, 2020, 07:48:53 PM »
I have 3 colleagues with 7 figure incomes who have successfully done this for years now. They maintain two households sending kids to run cars around and pay bills in Vegas. The firms don’t care, all the money still flows their way so they look the other way, clients could care less. Both still live in NB and HB harbors...never been audited. I had lunch with one at Maestros the other day...on the patio!

Offline nosuchreality

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 145
  • -Received: 518
  • Posts: 2372
Re: Toyota moving to Texas
« Reply #816 on: January 01, 2021, 07:06:17 AM »
I suspect like Amazon, we will be finding States changing in their rules and enforcement policies as shifts materially impact their revenue streams.

Offline OCtoSV

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 46
  • -Received: 28
  • Posts: 193
Re: Toyota moving to Texas
« Reply #817 on: January 04, 2021, 03:06:00 PM »
I have 3 colleagues with 7 figure incomes who have successfully done this for years now. They maintain two households sending kids to run cars around and pay bills in Vegas. The firms don’t care, all the money still flows their way so they look the other way, clients could care less. Both still live in NB and HB harbors...never been audited. I had lunch with one at Maestros the other day...on the patio!

Outdoor dining is currently allowed in OC?

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 532
  • -Received: 496
  • Posts: 4417
Re: Toyota moving to Texas
« Reply #818 on: January 04, 2021, 08:34:01 PM »
Not that I am aware of...but it’s there. ;) >:D

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 532
  • -Received: 496
  • Posts: 4417
Re: Toyota moving to Texas
« Reply #819 on: January 18, 2021, 03:10:09 PM »
...and while the masses are busy looking at the squirrel everyone else leaves town...

The states Americans headed to the most in 2020, according to U-Haul


Texas, which has ranked in the top two states with the most one-way arrivals since 2015, was No. 2 in 2020. Florida, which came in first in 2019, fell to third.

California ranks last on 2020′s list, behind Illinois and New Jersey, as the states with the least one-way arrivals. California has been in the bottom three states since 2016 and Illinois has been in the bottom two since 2015, when U-Haul began ranking states.

“I’m seeing a lot of people from California move [to Tennessee] because they’re attracted to our lifestyle,” Jeff Porter, U-Haul Company of Nashville president said in a release. Tennessee also has no income tax, plenty of jobs and is business-friendly, Porter said.

https://www.cnbc.com/2021/01/18/heres-where-all-the-u-haul.html?

Offline daedalus

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 233
  • -Received: 257
  • Posts: 914
Re: Toyota moving to Texas
« Reply #820 on: January 29, 2021, 04:08:27 PM »

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


SimplePortal 2.3.7 © 2008-2021, SimplePortal