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Old 12-28-2016, 10:43 AM
  #21  
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Originally Posted by JustWatching View Post
I was just going to post the same.

Aren't pilots supposed to be a smarter group of people?
For sure...Pilots are so smart with money they "invest" in things like the Iraqi Dinar and Optioneer. Some were even involved in the Via Lobos brothers in Costa Rica.

Keep the first wife, the second home, and if it guaranties more than 10% ROI it's a scam. Oh and never take financial advice from another pilot!
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Old 12-28-2016, 11:04 AM
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Originally Posted by trip View Post
If your based in CA they hunt you down and try to tax you even if you live in NV, legitimately.
What he said. Sold my house in CA, bought house in LAS, registered vehicles in NV, got NV drivers license and I still get love letters from the Franchise Tax Board and the CA DMV demanding money. It's like being stalked by a psycho ex-girlfriend. Makes me glad I escaped that squirrel cage.
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Old 12-28-2016, 11:22 AM
  #23  
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Originally Posted by tom11011 View Post
I didn't receive it.
PM sent again
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Old 12-28-2016, 11:26 AM
  #24  
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Originally Posted by tom11011 View Post
Do you have a source on that or did you hear it from some person third hand about going to jail. Further, you are saying you have to own property to prove you live somewhere. I guess all the snow birds who stay in Florida for more than six months will all be deported after serving time in jail

STATE v. HICKMAN | FindLaw

This is just one case from the early 2000s. At one point, there were more than 40 employees of Northwest Airlines under investigation or indictment for tax evasion in Minnesota. I cannot speak to the other poster's personal connection to anyone in tax trouble for similar circumstances, but there are plenty of cases out there regarding airline pilots and tax evasion. Bottom line, get professional advice, try it if you want, but be prepared to face the music if an overzealous auditor decides to come after you.
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Old 12-28-2016, 11:42 AM
  #25  
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Originally Posted by DashTrash508 View Post
STATE v. HICKMAN | FindLaw

This is just one case from the early 2000s. At one point, there were more than 40 employees of Northwest Airlines under investigation or indictment for tax evasion in Minnesota. I cannot speak to the other poster's personal connection to anyone in tax trouble for similar circumstances, but there are plenty of cases out there regarding airline pilots and tax evasion. Bottom line, get professional advice, try it if you want, but be prepared to face the music if an overzealous auditor decides to come after you.
Make sure your tax guy is also willing to be your cell mate and help you stab garbage with a pointy stick along the interstate
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Old 12-28-2016, 11:43 AM
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The NWA pilots that were caught were idiots. They claimed a small cabin in the woods as their primary residence while their paper trail (DL, car registration, kids in school) was elsewhere.

There is a right and wrong way to be a resident of a state. Owning property (even a small house or townhome), keeping your cars registered there, your mail going there, and your DL there is the way to do it.

If you have kids, it's kinda hard as where ever they go to school you're stuck. Also if your spouse works (unless from home) you're also stuck.
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Old 12-28-2016, 11:44 AM
  #27  
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Originally Posted by qball View Post
Make sure your tax guy is also willing to be your cell mate and help you stab garbage with a pointy stick along the interstate
Tax preparers are actually not on the hook believe it or not. Pretty crazy.
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Old 12-28-2016, 11:59 AM
  #28  
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Originally Posted by Name User View Post
Tax preparers are actually not on the hook believe it or not. Pretty crazy.
Some of those guys were getting tax advice from supposed professionals...
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Old 12-28-2016, 12:03 PM
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Originally Posted by Name User View Post
The NWA pilots that were caught were idiots. They claimed a small cabin in the woods as their primary residence while their paper trail (DL, car registration, kids in school) was elsewhere.

There is a right and wrong way to be a resident of a state. Owning property (even a small house or townhome), keeping your cars registered there, your mail going there, and your DL there is the way to do it.

If you have kids, it's kinda hard as where ever they go to school you're stuck. Also if your spouse works (unless from home) you're also stuck.
What you're talking about is very different from a PO Box and mail forwarding.
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Old 12-28-2016, 12:11 PM
  #30  
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Originally Posted by Hacker15e View Post
What tax rules, specifically, are you trying to take advantage of by being a Nevada resident?
State Income tax. No kids in local schools, empty nesters. Best I've found is a apartment in Henderson, NV for $320/month.
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