Relocating to Boston - Taxes?
 

Can someone please advise whether we are liable for taxes if we are renting a property and do not own one?

Looking to relocate to Boston from Europe.

With regards to public schooling - are there any fees that we need to consider when looking at areas etc.

Many thanks

Re: Relocating to Boston - Taxes?
 

In which country is the property? Liable for taxes in which country?


With what visa?


No. Generally, there is no charge for attending a public school... but where you live will determine which school. Attending a private school however, will cost a small fortune.

Ian

Re: Relocating to Boston - Taxes?
 

You won't have to pay any property taxes, just your rent. However, rents in Boston are high. Figure on $1200 for a good single bedroom flat plus utilities which might cost another $300 a month.

There's no fee for public schooling, but the better school districts come with higher rents too. I'd stay away from Boston proper as some of the schools aren't that good. Look at communities like Cambridge, Watertown, Somerville, Newton, Brookline

Re: Relocating to Boston - Taxes?
 

Are you asking whether you will owe US income tax if you are just renting a property here rather than owning one?

Re: Relocating to Boston - Taxes?
 

What kind of taxes, what country and most importantly, what visa?

Re: Relocating to Boston - Taxes?
 

Actually, depending on which county and school, there might be a hefty surcharge to using the school bus. Where we were living in the burbs, it was an extra $400 a year, whilst next town didn't charge and another charged $300 per "semester" because kids tend to take the bus in winter but not so much in the spring/summer/autumn months.

Rent won't have you paying property taxes directly, but they will be incorporated into your rent and can easily be a few grand a month.

$1200 a month rent won't get you anything but some shit hole, even in the burbs these days...it's the kind of money you'll find as you head towards I-495 but not so much in the burbs and not in Boston.

There can be bargains to be had though, mate in Brookline is paying $400 a month all in, but then again, he's sharing with 6 other people...great location, but parking is another $200 a month and it's a bit of a shit hole of a house.