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-   -   Best Place to Live To Play Poker (http://archives2.twoplustwo.com/showthread.php?t=275555)

Cactus Cactus 06-18-2005 12:57 PM

Best Place to Live To Play Poker
 
For the tax year of 2006 I am going to go out of the country and take advantage of the 80K tax free. I have traveled extensively to Latin America and throughout Europe. Several places within these continents suit my taste however what I have noticed are that the games are the best from say 8PM - 3PM EST. What I would like is for my work schedule to be from 7AM - say 7PM. So if I want to play in "the best games" that would bring me somewhere in Asia / Australia. I have never been to this area, but I have been looking? Anyone have any suggestions???

gila 06-18-2005 12:58 PM

Re: Best Place to Live To Play Poker
 
Do you want a roommate?

Cactus Cactus 06-18-2005 01:03 PM

Re: Best Place to Live To Play Poker
 
roomate...possibly

Brainwalter 06-18-2005 02:13 PM

Re: Best Place to Live To Play Poker
 
What 80K tax free?

Cactus Cactus 06-18-2005 03:17 PM

Re: Best Place to Live To Play Poker
 
if you live out of the united states for 330 days or something like that you can get 80K tax free

MicroBob 06-18-2005 03:35 PM

Re: Best Place to Live To Play Poker
 
I have no direct knowledge of this....but I thought I read that it was only 6 months out of the country to get the first 80k tax-free.
There are other issues to consider however (someone mentioned having to pay more in taxes than what he saved to the country he was in...or something like that....don't remember).

I would consult with a GOOD tax professional (as opposed to one of the lousy ones) before doing something like this.

And when you get it all figured out and get your pad set-up down-under or wherever then take me with you!!

DarkForceRising 06-18-2005 03:55 PM

Re: Best Place to Live To Play Poker
 
I just read an article in National Geographic Traveler on "going it alone" and Austailia was the #1 recommendation. They suggested the Queensland region- laid back, friendly and they love Americans.

I hate you. [img]/images/graemlins/grin.gif[/img]

David Ottosen 06-18-2005 04:00 PM

Re: Best Place to Live To Play Poker
 
I believe the 80K exemption applies only to earned income.

Cactus Cactus 06-18-2005 04:33 PM

Re: Best Place to Live To Play Poker
 
Getting back to what micro bob said- so you only have to be out for 6 months, damn I think I might just catch a plane tomorrow, I've been out of the country for about 1 month. If I am out the rest that will work out perfect

PapaSan 06-18-2005 04:57 PM

Re: Best Place to Live To Play Poker
 
I think you are looking at this through the wrong perspective choose the place that offers the most activities that you enjoy instead of the place that fits your "timezone" for poker. I moved from toronto to whistler so i could snowboard everyday and play poker at night i then moved to costa rica so i could nail latina hotties and play poker at night. Good luck wherever you go you will have a blast.


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