081: Issues to Consider When Moving Out of State

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti

answers one of her listener’s frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked, but should be asked, question).  There are many reasons people choose to move to another state.  The hot real estate market of 2021 may have accelerated the issue for many considering retirement or job change.  Before making this decision, there are several issues to consider – many involving serious potential tax consequences.  Patti guides the listener through a checklist of important items to keep in mind before making the big move, to better understand the rules when establishing state residency to fight potential tax audits.