Reno / Tahoe Area Information
We believe how you live is as important as where you live. And the great thing about Reno-Tahoe is there are so many ways to live exactly as you choose.
The feeling of freedom here is unique. Seductive. It’s not only more beautiful than you imagined, but it’s more sophisticated than you thought. Reno is an amazingly well-rounded city where cutting edge arts and entertainment, futuristic healthcare, a world-class university, and buttoned-down businesses exist side by side.
That’s in addition to some of the most beautiful scenery and greatest abundance of outdoor recreation in the American West. Imagine 18 ski and snowboard resorts, as well as over 50 golf courses, within a short drive. A prehistoric Alpine lake surrounded by over 150 miles of hiking and biking trails. And four distinct seasons every year.
Nevada Tax Advantages
How does no state income tax sound? To many, over the years, it has sounded like a good reason to make Nevada home.
The requirements are simple, and the benefits can be quite impressive.
The chief qualifier for this tax "hospitality" is to make Nevada your principal place of residence. This doesn't mean you can't do business or even have residences in other states, just that Nevada is the state with which you have the closest ties.
If you are domiciled in Nevada and become a Nevada resident, you will generally escape state income taxes, except for income that arises from sources within another state. Even if you are required to "source" part of your income from a state that has an income tax, you may still enjoy a significant reduction in your overall tax burden.
Here are some reasons why you should consider Nevada for your home and business:
- No personal income tax
- No corporate income tax
- No gross receipts tax
- No franchise tax
- No inventory tax
- No tax on issuance of corporate shares
- No requirements of shareholders & directors to live in Nevada
- No tax on sale or transfer of shares
- No succession or inheritance with IRS
- No sharing of information with IRS
- Simple annual requirements
- Protection for Directors and Officers
- No initial or minimum capital requirements
- Anonymity of owners-Total Privacy
- Low property taxes
- Business friendly environment
*Brooke Sullivan is not a tax attorney or CPA, we strongly recommend that you consult your tax advisor for all the details and to address your specific situation.
Education
Public schools, private academies, church-affiliated schools, a community college, and one of the country's top research universities comprise the educational opportunities here.
The University of Nevada, Reno, with an enrollment of more than 16,000, has two campuses in the area to fulfill its mission in the country's fastest growing state.
Public Schools Zoned for Montreux:
Nearby Private Schools:
Reno Weather
Here you'll experience four distinct seasons with few temperature extremes. The sun shines nearly 300 days a year, providing plenty of warm days, cool nights and blue skies.