By Neil Seidler, CPA, CMA
We are currently in the process of selling our sticks-and-bricks home to become full-time RVers. What should we know about establishing a “home” state for taxes, vehicle registration, insurance, etc.?
There are several factors to consider including state income taxes, vehicle registration costs, health insurance and other insurance issues. Some states popular with full-time RVers are Texas, Nevada, Florida and South Dakota because they all have no state income tax and have generally lower vehicle registration and insurance fees. You’ll need to spend some time in the state you choose in order to get a state driver’s license, register your vehicles, and complete any other paperwork required.
A Post Office Box cannot be used as an official residence location; you need to have a physical street or PMB (Private Mailbox) address (see related video). Do you have children or another relative living somewhere that you can use their address? Do you own an RV lot at one of the ownership RV parks that you can use as your “home base”? Alternatively, there are several mail forwarding services and other organizations that will give you a street address so that you can use it as your official residence and who will forward your mail to you as you direct them.
After 15 years of being either full-time part-timers or part-time full-timers we’re currently in the process of becoming full-time full-timers, so in a future article we’ll discuss the highs and lows, the good, the bad, and the downright ugly of the process.
We welcome your questions and inquiries. If you have tax-related questions, or any other questions that we may be able to address, please email us or comment below and we’ll try to answer them in a future article. You can email you me at TheRVTaxGuy@gmail.com .
The material presented here is for informational purposes only and is not intended to
provide, and should not be relied on for tax, accounting or legal advice. Readers should
consult their own tax, accounting, and legal advisors to discuss their own personal
Neil Seidler CPA, CMA, has served businesses and individuals across the USA and Canada for 35 years. As an avid RVer and recent full-timer he has a unique perspective on RV tax issues.
Read Neil’s recent post: Is interest on an RV loan tax deductible?