seawall
Lifestyle
A Lifestyle of Distinction
Owning a property on Sewall Road with a boathouse is more than an investment; it's embracing a lifestyle of distinction, where luxury meets nature in the most harmonious way. Experience the unparalleled charm and exclusivity of this extraordinary location on Lake Winnipesaukee.
STATE TAX ADVANTAGES
- No state income tax
- No state sales tax
- No capital gains tax
- No inventory tax
- No general personal property tax
- No inheritance tax
- No estate tax
PROPERTY TAX CONSIDERATIONS
- Mortgage interest deduction (federal)
- Property tax deductions (federal)
- Home office deductions if applicable (federal)
- Property tax credits for veterans
- Property tax exemptions for elderly residents
- Property tax exemptions for disabled residents
- Tax benefits for energy-efficient home improvements
BUSINESS-RELATED BENEFITS
- No professional service tax
- No machinery tax
- Favorable business tax structure if running business from home
- Home-based business deductions available
RETIREMENT BENEFITS
- Social Security benefits are not taxed
- IRA distributions are not taxed
- Pension income is not taxed
- 401(k) distributions are not taxed
- No tax on other retirement accounts
ADDITIONAL FINANCIAL ADVANTAGES
- Lower overall tax burden compared to neighboring states
- Transfer tax split between buyer and seller
- Homestead rights protection
- Capital improvements may reduce capital gains exposure
- Opportunity to write off home equity loan interest (federal)
- Tax deductions for rental property owners
- Preservation easement tax benefits
