We are planning to leave California for cursing the Pacific West Coast of Mexico and beyond this coming year.
We are told that having our boat documented from California and being residents makes for a bigger tax bill.
Is this true?
We will only be getting a SS check and my wife a California state pension check. We have no other assets in California.
So do we need to go to some other state to establish a residence (drivers license etc)?
That is a pain and an expense say for a hotel and vacation time from work etc.
Any advice on this would be helpful.
Do we need to see a tax person?