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Originally Posted by Toms River T&D
I am sure others may have run into this situation. We want to become Fl residents, as we are in Fl on average 7 months of the year. We will register the vehicle we have with us in TV. We have a residence in NJ and a vehicle that we leave here during the winter. If Fl is our main residence do both vehicles have to be registered in Fl and can that be done without the vehicle physically being in Fl?
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Be careful.If you become a FL resident your NJ home will no longer be your home.If you sell your NJ home you will owe federal income tax on the gain.