With April 15th just behind us, we thought a blog about the many tax benefits that come with home and business ownership in Nevada couldn’t be more appropriate for this time of the year. Add to that the incredible demand for real estate and it just makes good sense to head to Nevada, or sell (or rent) your Nevada home and build the home of your dreams, sooner than later.
Throughout our recent blogs we have been touting the growth of the region and the popularity of residents and businesses choosing to relocate from western states to our great state of Nevada.
The reasons are plenty yet among the top is our tax friendly environment that offer:
- No income tax
- No corporate tax
- No franchise tax
- No unitary tax
- No inventory tax
- No estate tax
- No inheritance tax
Combine those benefits with the endless ‘backyard’ recreation of the High Sierra and there’s really no reason why one would not consider building a new home on a golf course – like the prestigious Clear Creek Development in Carson City, NV – or on the shoreline of Lake Tahoe, NV.
In addition to these options, real estate is a sizzling sellers’ market right now with demand at an all-time high by residents who are moving to the area as well as from the surge of demand for rental units.
Homeowners now have the opportunity to take advantage of their equity and finally consider selling (or renting) their existing home and using the equity to build the home of their dreams.
For over 25 years, Borelli Architecture has been helping locals and new residents to the area to start the process of achieving their goal to build the home they have talked and dreamed about for years.
In addition to our architectural design services, Borelli Architecture also offers these important services and support when building within our environmentally-sensitive region:
- Personal Architectural Design Services
- Custom Interior Design
- Site Planning
- Space Planning
- Permit Processing Assistance
- TRPA Feasibility Studies
- Contractor Selection and Bidding Assistance
- Construction Administration Services
At our Nevada-based architecture firm in Incline Village, NV we always welcome the opportunity to share our seasoned insight about building a brand new residence or remodeling an existing home. Feel free to contact us at any time!
James P. Borelli
Lake Tahoe / Truckee