The Gardens RV Village traveled to Springfield, Massachusetts in February to inform future retirees of the option of homebasing.
The Gardens RV Village has had a very successful show, over at the Springfield RV Camping & Outdoor Show.
Mainly because of the economic benefits of living in Tennessee.
For instance, there is no state personal income tax in Tennessee. However, there is the Hall Income Tax, strictly on interest from bonds and notes and dividends from stock. Beginning with tax year 2012, the annual Hall Income Tax standard income exemptions for taxpayers 65 years of age or older increased from $16,200 to $26,200 for single filers and from $27,000 to $37,000 for joint filers. The legislation states that this tax will be eliminated Jan. 1, 2021.
No taxes on pensions. Dividends and interests are the only forms of income that Tennessee taxes.
Lastly, Tennessee has no state property taxes. Property taxes are locally determined and collected saving you money.
For more information on why to retire in Tennessee, click here.
Here is a video, Sharon Wilson filmed displaying our booth at the show!