Look up if someone's using a Florida vacation home as primary legal residence to dodge taxes?

[Anonymous]

Anonymous wrote:Funny how touchy dcum people are this tax dodge.

The tax dodge is all the folks who barely pay taxes. I don’t have a home in Florida but can see why people would. It’s sucks paying 2 or 3 million a year in taxes while some people barely pay any taxes at all. Flat tax now and forever.

[Anonymous]

The ~$1bn net worth founder of Barstool Sports, Dave Portnoy, just tweeted a video boasting that his new mansion in Florida is worth putting up with a hurricane because Florida residency is saving him a "few hundred million dollars" on his taxes.

[Anonymous]

I moved to Florida from an state-income tax state (really moved, permanantely) and I had to get a lot of documentation to prove to the old state that I was now a Florida resident, including my employer having to send a letter.

I'm not rich though, just normal, just saying dodging isn't easy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Funny how touchy dcum people are this tax dodge.

The tax dodge is all the folks who barely pay taxes. I don’t have a home in Florida but can see why people would. It’s sucks paying 2 or 3 million a year in taxes while some people barely pay any taxes at all. Flat tax now and forever.

Who is paying 2-3 million a year in state taxes?? Not many people. Even in a high income tax state like Maryland you’d have to make $20-$30m a year.

[Anonymous]

Anonymous wrote: I moved to Florida from an state-income tax state (really moved, permanantely) and I had to get a lot of documentation to prove to the old state that I was now a Florida resident, including my employer having to send a letter.

I'm not rich though, just normal, just saying dodging isn't easy.

It is, especially if you don’t have traditional W2 income. Plus, if you’re rich you have lawyers who fight your departing state on your behalf. Here’s a fun story: we got a piece of mail for an old neighbor who lived next to us (rental apartment bldg in DC). I opened it and started reading, not noticing the name. Well, it was a letter from my neighbor’s attorney/accountant who was fighting against DC from assessing taxes on her $900K trust disbursement FOR THAT YEAR. My neighbor - in her late 20s - was claiming out of state residency when I knew for a fact that she lived FT in DC. DC Dept of Revenue wanted to get paid, it looks like she had not paid DC taxes in a few years because of the dispute. It was cheaper for her lawyers to fight DC instead of actually paying up.

Paying taxes is for “little people”, just like Leona told us.

[Anonymous]

Anonymous wrote:The ~$1bn net worth founder of Barstool Sports, Dave Portnoy, just tweeted a video boasting that his new mansion in Florida is worth putting up with a hurricane because Florida residency is saving him a "few hundred million dollars" on his taxes.

He's purposely making these videos to make a public log on his time in Florida. Just like elderly rich people schedule their check-ups, physical therapy, and dental visits in Florida.

[Anonymous]

Haven't read this whole thread, but my sister's in-laws do this. I think it's terrible and my sister thinks they're brilliant. They spend close to six months per year there, but not quite. They leave a credit card with friends and ask them to occasionally buy gas or groceries so they have a paper trail of "being" there. They're just not good people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not sure why you care ----

My brother lives in Florida for 6 months and a day or whatever. His other residence is in New York State. Believe me NY makes you PROVE you don't live there. In order to establish residency he had to produce names of doctors/dentist he sees in Florida and some other stuff.

My point is -- it's not that easy to scam.

+1 and it gets audited by states - all - the - time. Once you flip your filing from resident to non/part year resident and maintain property in the state house, vacation home, rental), it’s a pretty easy audit notice.

And then you’d better have all your ducks in a row.

Yeah, right. And someone is auditing all of those Montana license plates who dodge auto sales tax too.

If you purchase from a dealership they collect tax based on your residence.

[Anonymous]

Anonymous wrote:Is that even possible to look up, as in, some sort of public record? The husband and wife in question "joking" said they were going to when they bought it but I wouldn't put it past them to actually do it. They barely go to it and also airbnb rent it out. It's in Palm Beach County.

Are you friends with Melania?

[Anonymous]

Anonymous wrote:The ~$1bn net worth founder of Barstool Sports, Dave Portnoy, just tweeted a video boasting that his new mansion in Florida is worth putting up with a hurricane because Florida residency is saving him a "few hundred million dollars" on his taxes.

He seems charming. I'll be sure to put his product on my shopping list.

[Anonymous]

Check their local voter record. They can still be registered locally (as in didn't change or update it), but they tend to stop voting locally. That's basically a smoking gun because they are actively eliminating public records to the home state. And of course if they register to vote in Florida that's even more of a smoking gun.

[Anonymous]

Anonymous wrote:The ~$1bn net worth founder of Barstool Sports, Dave Portnoy, just tweeted a video boasting that his new mansion in Florida is worth putting up with a hurricane because Florida residency is saving him a "few hundred million dollars" on his taxes.

He posted another tweet that that isn't even his house, he's renting this house for residency purposes while his new Miami mansion is being built.

[Anonymous]

Anonymous wrote:Is that even possible to look up, as in, some sort of public record? The husband and wife in question "joking" said they were going to when they bought it but I wouldn't put it past them to actually do it. They barely go to it and also airbnb rent it out. It's in Palm Beach County.

Look up the property on a FL Palm Beach County appraiser and tax sites. That will show if they get a homestead deduction. If they aren't there FL county will tax it as a second home-full property tax. VA gets mystery cars registered out of state. iving here and legal address some relatives apartment in wherever?

[Anonymous]

Going remote saved me 10% in various NY taxes, and I didn't even have to move to Florida! I do wonder how bad NY and NJ are going to be screwed by all the high earning bankers who only have to be in 2 days a week...