Folks living in a camper?
#8279485
12/06/24 08:33 AM
12/06/24 08:33 AM
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Joined: Dec 2006
Posts: 23,457 Very SE Nebraska
Gary Benson
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 23,457
Very SE Nebraska
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Lately I've noticed around Omaha and Topeka areas that campgrounds that are normally empty this time of year are full of campers with vehicles sitting there. People are actively living in their campers. Are there that many people in trouble? At todays housing market it's not a bad idea to sell a house for a ridiculous price. But then there's that capital gains tax.
Last edited by Gary Benson; 12/06/24 08:34 AM.
Life ain't supposed to be easy.
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279495
12/06/24 08:42 AM
12/06/24 08:42 AM
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Joined: Dec 2015
Posts: 6,825 se South Dakota
NonPCfed
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trapper
Joined: Dec 2015
Posts: 6,825
se South Dakota
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But then there's that capital gains tax. Only capital gains on your primary residence (lived there at least 5 years) if over a certain amount difference from when you bought until you sold. It used to be a $300,000 difference before capital gains applied. It might be higher now. There's a lot of people who like the mobility and freedom of living that way. If Marty was still here, he might chime in on such situations.
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279500
12/06/24 08:45 AM
12/06/24 08:45 AM
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Joined: Dec 2006
Posts: 5,995 La Crosse, WI
Macthediver
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trapper
Joined: Dec 2006
Posts: 5,995
La Crosse, WI
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I have couple relatives that are retired and no longer own a home. They have one camper parked here in the north country and one down south. They migrate back and forth between campers. When they first started doing it the pulled their campers wandered around. Eventually they found a place they liked down south. Not wanting to drag camper back and forth they now have two. So yes there are people living like Gypsy. Now we also have here locally what they call unsheltered people. Those campers usually stand out because they only move around town. Also most look like they shouldn't be on the road. Have blue or brown plastic tarps on roofs.. Those are whole different type of people.
Mac
"Never Forget Which Way Is Up"
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279501
12/06/24 08:46 AM
12/06/24 08:46 AM
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Joined: Dec 2006
Posts: 537 Worthington, IN
Scott T
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trapper
Joined: Dec 2006
Posts: 537
Worthington, IN
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The work from home era lets people live that lifestyle. If I didn’t have a decent job that I have to show up to every day I would consider it.
Looks like he needs another year;-)
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279529
12/06/24 09:22 AM
12/06/24 09:22 AM
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Joined: Oct 2014
Posts: 2,274 Wisconsin
8117 Steve R
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trapper
Joined: Oct 2014
Posts: 2,274
Wisconsin
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Not only campers but in smallish sheds either pre-fabbed or built on site.
Steve WTA NRA
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279560
12/06/24 10:00 AM
12/06/24 10:00 AM
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Joined: Dec 2011
Posts: 11,607 MT
snowy
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trapper
Joined: Dec 2011
Posts: 11,607
MT
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I see campers in this cold country that people in here. I see more of it now than I ever have before but not sure what the reasoning is or why.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279614
12/06/24 11:25 AM
12/06/24 11:25 AM
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Joined: Feb 2020
Posts: 11,249 Indiana
Providence Farm
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trapper
Joined: Feb 2020
Posts: 11,249
Indiana
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Lately I've noticed around Omaha and Topeka areas that campgrounds that are normally empty this time of year are full of campers with vehicles sitting there. People are actively living in their campers. Are there that many people in trouble? At todays housing market it's not a bad idea to sell a house for a ridiculous price. But then there's that capital gains tax. I think you get a break or out of the capital gains tax if you sell your primary residence and have lived there at least the last 2 years. If it's a rental you can do the 1031 exchange and also not pay any taxes. I don't know the details since I'm not going ro be selling anything anytime soon and programs tend to change. But reading up on tax benefits of owning rental properties has me really thinking about buying some if and when we have another collapse in the market. That or build one or two on the farm for 55 and over zero steps, wide doors walkers and wheelchairs can get through, zero entry showers and tubs, extremely well insulated and solar electric systems to help with very low energy cost. The boys and I could keep all the yard and landscaping perfect. Seems like a nice added income stream for when I retire. And would be there if and when I need to down Size when I age and have limitations.
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279642
12/06/24 12:04 PM
12/06/24 12:04 PM
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Joined: Dec 2010
Posts: 11,915 Armpit, ak
Dirt
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trapper
Joined: Dec 2010
Posts: 11,915
Armpit, ak
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Good way to avoid property taxes.
Who is John Galt?
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279647
12/06/24 12:08 PM
12/06/24 12:08 PM
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Joined: Dec 2010
Posts: 11,915 Armpit, ak
Dirt
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trapper
Joined: Dec 2010
Posts: 11,915
Armpit, ak
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Good way to avoid property taxes.
Who is John Galt?
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Re: Folks living in a camper?
[Re: Gary Benson]
#8279654
12/06/24 12:12 PM
12/06/24 12:12 PM
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Joined: Jan 2016
Posts: 4,136 missouri
salemtrapper
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trapper
Joined: Jan 2016
Posts: 4,136
missouri
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Alot here are moving into tiny houses. Or sheds. Not much property taxes on them, they are movable and not a set permanent dwelling here.
Last edited by salemtrapper; 12/06/24 12:13 PM.
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Re: Folks living in a camper?
[Re: Gary Benson]
#8280054
12/06/24 10:01 PM
12/06/24 10:01 PM
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Joined: Dec 2006
Posts: 1,396 Mt.
g smith
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Posts: 1,396
Mt.
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Crazy housing in Mt .Thousands of 2 nd homes (most vacant 90% ) Lower income folks priced out of rent or buying . I have NEVER seen it like this ! They are living like this (the OP post ) because lots have no choice . I know many like this .
You can ride a fast horse slow but you can't ride a slow horse fast .
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