Overheard two nomads arguing about staying in one place for a full tax year

One said it's the only way to avoid a huge legal mess, but the other called it an outdated rule that limits real freedom, so what's your take on establishing a tax home versus staying truly mobile?

3 comments

3 Comments

luna26128d ago

Define "truly mobile" though... does that mean never having a fixed address at all?

blair_torres7028d ago

That's a tough one to pin down for sure. It probably looks different for everyone, honestly. For some people it just means home is wherever they park.

blake_kelly1927d ago

What about people who are mobile but still have a home base? Like @luna261, my friend is a travel nurse. She has an apartment she keeps her stuff in, but she's gone for months at a time living in different cities. Her home is that apartment address, but her life happens totally somewhere else. That feels like a different kind of mobile, not fully untethered but not settled either. It's like having a home port but sailing most of the year.