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Originally Posted by Fuzzyjourneyfan
We just bought a house in The Villages and will be closing in January. We also own a home in Nevada. I will be living in The Villages for approximately 7 months per year until my wife retires. She will be living in our Nevada home for 9 months per year because of her job. We would like to homestead the Florida home because the taxes are more expensive there. From what I have heard, you can only homestead one home--that's fine. My question is what to do with our two cars. Should we register and insure one car in Florida and one in Nevada or can we register both in Florida even though she will be spending 9 months per year in Nevada? Florida car insurance is much cheaper, so we would like to register both cars there. We will appreciate any information that you have to share. Thanks.
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I don't know what Nevada requires for residency. I know that NY/NJ "claim" you if you live there for more than 6 months. Which is why people that snowbird in FL and claim a Florida Residence have to document that they spend 6 months and a day out of either state otherwise New York and/or NJ get their pound of flesh. Not as important for retirees though.
As far as I know however, Nevada doesn't have a state income tax. Florida doesn't either. This sorta means that the rules are different and neither one wants a piece of you. You claim to live wherever you want.
That said, they probably DO have rules on how long you can live in the state and run out of state plates, I think it's 30 days if you do move your residence. Seems to me that you'll need to have your car and your license in FL and hers in Nevada. In practice, there are always millions of out of state plates in Florida, so the chance of anyone getting worked up about it are pretty low.
I have a little bit different problem in that we're not moved yet but plan to in 21. This affects my wife's medical because we're not full time Floridians until we get the NJ house sold. I can wing it with my employer a little easier than her Medicare plan. Once we're there full time, it's easy, it's just the transition that's more difficult since we're going back and forth for a bit.