In 2012, California passed proposition 55, which increased the top tax rate for high-income Californians to 13.3%. In 2013, the single-family home sales in Incline Village and Crystal Bay jumped 36%, from 151 to 205 homes sold. Californians currently face another tax blow from the recently passed federal tax bill. Look for Nevada real estate to catch fire in 2018 as Californians look east for shelter.
Read the advantages to incorporating in Nevada here.
