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.
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.