Reply to DC residency, taxes, etc, after buying a second home in a no-tax state

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]switched to Va. from DC. Will save a bunch in taxes and my kids will save a lot more in estate taxes.

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This is a big issue for me as well.  I am still in DC but definitely have though of moving to Virginia because of the estate taxes.

I am guessing DC collects very little revenue from its estate tax but it discourages better off people, especially retirees, from staying or moving to DC.  Another wrong headed move from our city council.[/quote]

In my case, just transferred residency to the second home which - honestly - is where we began spending the majority of our time - although its pretty close. This cuts our state tax in half and reduces estate tax by a whopping 16 percent.

By the way, it was one of the smoothest in-person interactions I have ever had with government. The VA., DMV has an interactive guide that spits out a chart of the documents you need to bring. Everyone was pleasant. I gave over the docs, they punched a hole in my dc license and automatically switched my voter registration. The staffer apologized for the cumbersome process. I was like "you have no idea." [/quote]

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