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1515Art

Hunting Soon In Southern Nevada

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My wife and I talk occasionally of leaving California for pastures more green or gold or even desert grey as the case may be and decided to do it this time instead of just talking about it.The decision did have an unpleasant catalyst of sorts to push us over the edge a surprise letter from the county assessor letting me know that a mistake in the valuation of my home was not in my favor (depending on how you look at it) and the result was around a 1200 percent increase in my assessed valuation and a tax bill for 2 years due in two installments that made me feel a little sick at first, now that I've had a little time to adjust and have a contract from a buyer on a piece of property I own Im all over the shock and am really looking forward to living a lot closer to what i hope are some decent hunting grounds a lot closer to me then it was living in the south San Francisco bay area. Only thing is after hunting nuggets since the zed came out I've got a nice little database of places I like to hunt and ill sort of be starting over except my skills should be slightly better than when I first started doing the beep, beep beep. Im looking forward to joining some of the local clubs and having the opportunity to get in some decent day hunts something just a little to distant for me right now and ive also wanted to check out some claims I have access to in Arizona, and haven't because they are just to far away now. Be fun to have a real chance to find a little space debris too, a bucket list item for sure id like to check of in my book.

Ive always thought northern Nevada would be my choice but seems my wife wants the big city life and Las Vegas is her preference so I guess Im now in love with the idea of being a Las Vegas area resident if I know what's good for me, LOL. actually anyplace I can find some decent nugget hunting will work fine and wow the housing market in the Las Vegas area is something to behold coming from the California Bay area so that's a giant plus and the tax advantages are huge with no state income tax and lower property taxes.

Its going to be HOT 4 month out of the year and I figure that'll be mostly indoor air conditioned time, but who knows there may be days I can tough it out and any advice from those been there is much appreciated as to this point I've only been a short term visitor and I know some adjusting will happen, in fact i was just reading a thread on the brown recluse spider that's not something here in the Bay area in California to worry about, they seem more a problem than the Black Widow I'm familiar with.

If you lived there and hated it I like to know and the same if you loved it the coordinates of your favorite patches and placers would also be very helpful... 😎

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I haven't lived in Vegas but spent a month or so each year there for about 7 years. It's kinda nice in that if you avoid the strip it's like any other city, and the now and then you want to hit a show or something the casinos are right there. It is definitely hot in the summer but its dry heat. You could probably be outside comfortably from dawn to 11 or noon even on the hot days.

I'd be willing to live there if I needed to relocate. I'd certainly prefer it to the bay area. I grew up in Woodland so know Calif too.

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27 minutes ago, Lacky said:

I haven't lived in Vegas but spent a month or so each year there for about 7 years. It's kinda nice in that if you avoid the strip it's like any other city, and the now and then you want to hit a show or something the casinos are right there. It is definitely hot in the summer but its dry heat. You could probably be outside comfortably from dawn to 11 or noon even on the hot days.

I'd be willing to live there if I needed to relocate. I'd certainly prefer it to the bay area. I grew up in Woodland so know Calif too.

Thanks Lacky, I know I’ve alway enjoyed my time in Vegas although it sure feels good seeing green again when I’d get back home, that’s the only concern so it’s just change I’ll get used to. I’m not a gambler other than tournament poker every once in a while and even then I like the low stakes games I absolutely hate giving up my hard earned pesos gambling, so mostly the strip will be about the occasional show restaurants. My wife is from Shanghai and it’s over 100 most days from June thru September except really humid and the winters are freezing wet cold so my wife will like the weather and between the mornings and mild temps the rest of the year I think I’ll probably get way more hunting in at least that’s the plan. 

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Gold Seachers of Southern Nevada (GSSN).  That is a good club go join.

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7 hours ago, afreakofnature said:

Gold Seachers of Southern Nevada (GSSN).  That is a good club go join.

I'm a member.  They have a lot of dry washers that go to their claims in Gold Basin/Lost Basin and Pahrump.  Near their claims are some of the best GPAA claims (I'm a member there too) and lots of open ground that is productive for those with time and research.

Now that you are leaving, could you send me an email location of those patches you won't be going to any longer up north?  🤣

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Brian, thanks i can hardly wait there's a place in the southern highlands ill probably put an offer on fairly soon I need to establish residency before selling another place in the bay area to avoid getting hit with California capital gains.

freak and Mitchel, thanks for the recommendations ill be joining booth clubs soon, I may even at some point pick up something of my own to play on and share if something special ever comes available and its not to overpriced.

and Mitchel don't think I won't, next time you are planning a trip up north send me a message and ill PM you some numbers of a couple spots I've found a few bits one area in northern Nevada's at a club you belong to, but don't be too happy even though I found a little the picking were slim although your skills are better than mine and the story might be different after a patch is patch till its not.

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That is interesting about the California capital gains.  I thought you could sell a residence and either take a one time gain on it or have a couple of years to buy a new one but you are probably going from way up to down.  Southern Highlands has some nice views.  Just make sure you can park a desert vehicle and/or trailer because you won't be wanting to always day trip.

I go to Gold Basin and it is a 6 hour drive past Southern Highlands several times a year.  I'll be going to Northern Nevada at the end of September/October towards Rye Patch hopefully with some new research.  I'm going to be on my own for about 6 weeks so I need to get on some gold and hear it this time!

Mitchel

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Mitchel, the house my wife likes the most might be a issue for a trailer although it has a 3 car garage i was hoping to use the third bay for a ceramic studio, may have to rethink that as i don't see any vehicles in the google earth shots parked outside hmmm and going to need a trailer or something... wife, trailer better keep the wife happy or ill be living in the trailer.

my tax guy says the only thing I can defer on the principal residence is the 250k my wife and I each get, the roll over was done away with in 1997 so only the first 500K is tax free the remainder subject to capital gains and is available to use again after a couple years, and the houses we are considering are about the same price as the one I just sold. the one I just sold I was able to do a little better on the cost basis but will still pay around 60K as an investment property federal and state in capital gains. the 1031 exchange didn't fit for me so i couldn't use it in my situation.

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I'd look to get the same size house (or smaller if you had kids get grown) at half the price,  but that's just me. Everyone can't be like me though or the economy would grind to a halt.

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