Less Taxing And More Relaxing In Reno, Nevada
RENO, NV — With over 300 days of sunshine per year, first-class ski resorts, and easy access to Lake Tahoe, the Reno-Tahoe location is appealing and has a lot to offer prospective homebuyers. The area boasts some of the most expensive Real Estate in the world, however, the “Northern Nevada” section of this desirable region has impressive tax benefits paired with competitively priced “high end” homes.
Located 15 minutes from Reno-Tahoe Airport and just 30 minutes on the scenic Mount Rose Highway from Incline Village is Parc Forêt (www.ParcForet.com) at Montrêux (www.MontreuxGolf.com), a hidden gem of Lake Tahoe area real estate. Parc Forêt is the final enclave of homes nestled in the most forested and private sector of the picturesque gated golf community of Montrêux,
In addition to giving the homebuyer the most “bang for their buck”, the Montrêux community is situated just over the state line in Nevada–a State famous for their “relaxed” tax climate. Nevada residents enjoy no personal income taxes, low property taxes, no corporate taxes (including shares taxes – sale or transfer), no inheritance taxes or estate taxes.
A benefit to those relocating to the Reno area, is the impressive lack of taxes that come with becoming a Nevada resident. The Silver State is one of very few that does not impose an income tax on individuals or businesses. This is a welcome reprieve to those taking up residence across state lines compared to the tax regulations imposed on residents of neighboring California.
Nevada allows people to start their residency the day that their actual physical presence begins in the state. Becoming a resident simply requires that you abandon your domicile in California and establish domicile in Nevada. If you plan on maintaining multiple residences, Nevada must be your principal place of residence to take advantage of the tax breaks.
If you maintain dual residences, your residency will be determined by such factors including where you are physically present, your income sources, voter registration, vehicle registration, which state issues your drives license, and where your kids go to school, amongst others.
While the “California side” of the lake has always been desirable for those looking for a primary or second home in the Tahoe area, the master-planned community of Montrêux just outside of Reno, offers residents a luxury “Tahoe lifestyle” paired with the tax benefits of living in the Silver State.
At Parc Forêt buyers have the option to build their own completely custom home, or select from a vast array of designs to create the elegant semi-custom home of your dreams.
Whether it’s playing a round of golf on the renowned Jack Nicklaus, Signature 18-hole golf course or starting their mornings with Yoga and Pilates classes in the fitness center, swimming in a crystal clear pool while gazing up at snowcapped mountains or playing a game of tennis in the afternoon, residents at Montrêux get to relax, indulge and soak up world-class luxury in the great outdoors.
The luxurious homes at Parc Forêt are the perfect choice for those looking to live in a private gated community, and enjoy everything Tahoe has to offer while taking advantage of the tax-free benefits of living in Nevada. Residents enjoy year round access to outdoor activities, and are rather proud to say that they can have ski boots on in the morning and tee off in the afternoon on the same day.
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