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Help In Arizona

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Help In Arizona Empty Help In Arizona

Post by dreammtripper Wed Sep 14, 2011 9:01 pm

Okie, and all followers. I am in Phoenix, Arizona. I would like to know when its time to cash in, could we all post as to the banks we are cashing in at, and what their rates are.....this could help us not waste time. thanks so much and so appreciate this forum and all that you do.
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Help In Arizona Empty Re: Help In Arizona

Post by Guest Wed Sep 14, 2011 9:06 pm

Wouldn't it be better to go to Nevada and form a llc to avoid AZ state taxes?


Last edited by phoenix13 on Wed Sep 14, 2011 9:08 pm; edited 1 time in total

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Post by godsfool713 Wed Sep 14, 2011 9:07 pm

:shock: :shock: :shock: :shock:

ILL LIKE THE SAME HELP IN CALIFORNIA
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Help In Arizona Empty Re: Help In Arizona

Post by therealbutterfly Wed Sep 14, 2011 10:29 pm

Just FYI, I will be posting the deals we negotiate with the big banks so you guys can take them to your local branches and use them or use it as a negotiation tool for other banks. Wont matter what state you are in. :-)
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Post by ntvtexan Wed Sep 14, 2011 10:39 pm

YEAH...it won't matter what State you're in !!! bigsmile

:happyjoy: crazyspin :happyjoy: Unless you live in Taxifornia (12%) or TAXACHUSSETTS (15%) maybe...plus Federal (15%)...PLUS bank spread (12%) !!! :happyjoy: crazyspin :happyjoy:


Ya know....Living INCOME TAX free in TEXAS...just sayin !!!!!

lol! bigsmile lol! bigsmile lol! bigsmile

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Post by Herb Lady Wed Sep 14, 2011 10:49 pm

Thanks therealbutterfly!! That will help a lot!!
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Post by therealbutterfly Wed Sep 14, 2011 11:00 pm

ntvtexan wrote:YEAH...it won't matter what State you're in !!! bigsmile

:happyjoy: crazyspin :happyjoy: Unless you live in Taxifornia (12%) or TAXACHUSSETTS (15%) maybe...plus Federal (15%)...PLUS bank spread (12%) !!! :happyjoy: crazyspin :happyjoy:


Ya know....Living INCOME TAX free in TEXAS...just sayin !!!!!

lol! bigsmile lol! bigsmile lol! bigsmile


Ok well I am just workin the bank deals. You deal with your own tax issues. I cant do everything lol
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Post by dreammtripper Thu Sep 15, 2011 12:57 pm

phoenix13 wrote:Wouldn't it be better to go to Nevada and form a llc to avoid AZ state taxes?

Yes, it most probably would. I am assuming I should have that done before I cash in? What if I cash in a small amount and then go get a Nevada LLC for the rest. I am not expecting you to be a CPA for this answer. thanks

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Post by dreammtripper Thu Sep 15, 2011 1:47 pm

FYI, just spoke with a tax attorney here in PHX.....Az tax would be about 5% plus 15% Capital Gains. To save that 5% I would need to meet the requirements of becoming a resident of Nevada. That is something I am looking into. Thanks and hope this helps others here in Az.

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Help In Arizona Empty Re: Help In Arizona

Post by happywelshguy Thu Sep 15, 2011 1:51 pm

Will that apply to Canadians also?

:bom:

therealbutterfly wrote:Just FYI, I will be posting the deals we negotiate with the big banks so you guys can take them to your local branches and use them or use it as a negotiation tool for other banks. Wont matter what state you are in. :-)
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