Planning to move? Check Moving Out of State Checklist
Make a budget and start saving.
Shipping, fuel, hotel, and insurance costs add up quickly. Add up rental security deposits and hire services in your new home, and it will be clear that moving requires several up-front expenses that can drain your bank account. Budgeting and cost savings will help smooth the transition, but don’t rely on your old home’s security deposit to cover those costs. It may take weeks or even longer for a landlord to refund your security deposit (check your rental agreement to make sure).
Your budget planning shouldn’t be finished when you arrive at your destination. The cost of living varies from state to state or region to region, and your current salary may not allow you to afford the same luxuries after the move. Use a living calculator cost to determine how far your current salary will take you in specific cities across the country and decide if moving to another state is a brilliant tax idea.
See what your employer will cover
Some companies cover the costs of moving, but it is essential to know exactly what they include in that concept. Your employer may reimburse you for shipping, packing, transportation, and travel expenses associated with finding your new home if you are moving specifically to take up the job. Negotiate during the hiring process and ask if your employer will cover other costs like loan cancellation fees, temporary housing, realtor assistance, and storage.
Decide what to move
Is a ten-year-old chair that weighs 100 pounds and an outdated television worth moving in? Take stock of everything you own (especially furniture and bulky electronics) and determine if it wouldn’t make more sense to sell the items before moving in and reinvesting your earnings in replacements once you arrive at your destination. Don’t forget to consider what you could save in time, money, and energy by not moving these heavy items. If you are unable to afford to buy new furniture, consider looking for used items on websites like Craigslist. Use your moving truck to transport your finds.
Get a refund next tax season
If you are moving for work and your move meets certain distance and time requirements, you can deduct the related expenses in the next tax season. (Unfortunately, roadside meals at Cracker Barrel are not deductible.) Just be sure to save your receipts.
Plan to have to pay state taxes for part of the year
While you are deducting expenses on your federal tax return when you file it, keep in mind that you may have to file two separate state tax returns when you move out of state. If you generated income in two different states during the tax year (unless you are moving to or from a state that does not collect individual income tax, such as Texas, Nevada, or Washington), you would need to file a return in each condition to cover the time you lived there.
Research moving companies, truck rentals, and shipping companies
The three most popular ways to transport belongings out of state are professional moving companies, truck rental companies like RCC Auto Transport, which offer self-fill and company-hauled containers. Although each service has its advantages, prices can vary significantly:
Professional moving companies:
If you choose the full service, the company staff will pack, load, transport and unpack all your belongings, so all you have to do is tell them where to put the chair. Many people choose to pack everything themselves to save money and make sure they are correctly handled.
Truck Rental Companies:
Renting a moving truck isn’t for everyone. You have to be comfortable driving a large vehicle without a rearview mirror (and using the side mirrors), and you need to be aware of the extra length and width of the car when changing lanes and maneuvering through narrow streets. Most truck rental companies don’t offer any training on how to drive a big truck, so first-time riders may need time to adjust. Typically the only requirements for renting a moving truck are that the driver is 25+ years and has a valid driver’s license.
Truck rental companies often base their rates on the truck’s size (measured in lengths between 10 feet and 26 feet), travel distance, days of use, and insurance. Additional items like appliance carts (about $ 10 for two) and furniture protectors (about $ 10 for a dozen) are optional. Ensure the truck’s size against your belongings, so you don’t pay for space you don’t need. Many rental trucks come with a tow truck, so you can hook up your car and take it with you.
Shipping Container Companies:
The company delivers a storage container to your current home, and you specify where you want the company to put it (ex: driveway or a designated spot on the street). You fill the container as you want and close it with your padlock.
The company returns to collect the container and send it to your destination on the designated moving date, where you will empty it as you wish. If you still don’t know where you will live in your new city, the shipping company can often store the container in a storage facility. You can keep your items for a monthly fee (similar to self-storage depots), but you cannot access your belongings while they are there.
Containers come in various sizes where one to three-room items can typically be stored. If you need more space, you will have to rent several containers. Keep in mind that these containers take up space, and you won’t move them yourself. Ideally, you would have to have a driveway or private parking space (both in your departure and destination city) to place the container for at least a couple of days while you fill and empty it.
Anything can happen when everything you own in the world is confined to a single space inside a vehicle travelling on the highway. Although moving companies offer insurance options to protect your belongings, it is essential to understand each package’s details. The U.S. Department of Transportation describes the most common moving insurance options on its website.
Keep Your Valuables Close.
That heirloom Rolex, your grandmother’s pearls, and that 1952 Mickey Mantle baseball card are the kinds of items you shouldn’t send along with the dinnerware you can replace. Keep irreplaceable items with you at all times, whether you are driving or flying.
Update Your Information
Moving to another state can be overwhelming, but you must update your information in your new destination as soon as possible. You can update recurring bills, like a car or student loan, as well as your credit card and bank accounts online or over the phone once you have your new address. For regular daily mail, this online form notifies the U.S. Postal Service of your address change, and it will forward your mail to the new address for up to one year.
You will also need to get a new driver’s license and new registration for the vehicle. Each state has different deadlines. Visit your local DMV office so you can cross that off your to-do list. While you’re there, ask for a brochure on the state’s driving rules. For example, you might be surprised to find that it is illegal to drive while using a mobile phone in your new form.
Do your research and know the laws before receiving a ticket. After registering, don’t forget to update your car insurance policy.