Re: [QUAD-L] Homestead states

[David K. Kelmer]

Hi Lori,

 

Your automobile is also protected under Texas law.  We don't have a state income tax here, either.

 

With Love,

CtrlAltDel aka Dave
C4/5 Complete - 30 Years Post
Texas, USA

Lori Michaelson <[EMAIL PROTECTED]> wrote:

If someone is considering moving and buying a home ... it might be worth the effort to move to a Homestead State.  Texas is one of them.   Essentially, what that means is that no matter what they can not take your home away from you.  Of course, they can if you discontinue mortgage payments or something like that but for no other reason can they take your home away from you.   That is not true for a majority of the states.   Lori -------Original Message-------   From: David K. Kelmer Date: 6/17/2006 6:53:53 AM To: River Wolfe; Quad-List Subject: Re: [QUAD-L] homestead exemption Ohio   Hi River,   Every little bit helps.  I'm glad to hear your exemption went through.  Big companies hire tax lawyers just to make sure they are getting every tax break they are eligible for...and sometimes a few they aren't eligible for!  :)   With Love, CtrlAltDel aka Dave C4/5 Complete - 30 Years Post Texas, USA River Wolfe <[EMAIL PROTECTED]> wrote: I want to thank everyone for bringing this tax credit to light. Ohio does have this program, not a complete exemption, but about a 25% reduction. I received notice today that I qualify. Not only that but I'm getting a refund for 2005 taxes as well!! What a nice surprise on a Friday afternoon. Peace, River