Wyoming Black Hills Living

LOCATION

Wyoming. The original frontier and the even still, untamed, wide-open spaces.

The draw to Wyoming speaks for itself, but the extraordinary draw to this particular piece of Wyoming property is its access to the Black Hills. The Black Hills National Forrest consists of 1,175,000 acres. Of those, 175,000 acres are on the Wyoming side. Destinations such as Mount Rushmore and Crazy Horse Memorial are attractions that most Americans nationwide have on their bucket list to visit. The Black Hills capture the true sense of the American West and its history rich set of attractions lends itself to being a highly sought after tourist destination year after year.

Newcastle, WY, is centrally located to the vast majority of nearly all Black Hills destinations. This cuts travel time between destinations down considerably, allowing visitors and residents to enjoy more time exploring this spectacular piece of the USA.

Newcastle, while considered a small town by every sense of the word, combines that small town charm with the amenities you need. From their quality medical services to smaller class sizes ensuring more one-on-one learning, to the private jet accessible airstrip, and numerous dining and retail stores, you’ll find everything you need.

The climate can range from below zero in the winter and near 100 degrees on a hot summer day, but generally is considered a moderate winter and summer climate with low humidity. The variations make Wyoming life that much more adventurous allowing you to truly enjoy all four seasons.

For an accurate depiction of Newcastle, WY, living, the city’s website puts it best:

“Western traditions and manners are alive and well in Newcastle, Wyoming. We still believe in the Code of the West (below). We remove our hats when the National Anthem is played and we expect our kids to do the same. We believe in tradition, gathering each summer for the Weston County Fair and Junior Rodeo. The rodeo dates back over 60 years.
Life here happens at a little slower pace. Most of the residents know one another and they take the time to stop and visit, sometimes right in the middle of a side street. Neighbors still help one another and the community gathers for important events like a Friday night football game or a parade down Main Street.

1) Live each day with courage.
2) Take pride in your work.
3) Always finish what you start.
4) Do what has to be done.
5) Be tough, but fair.
6) When you make a promise, keep it.
7) Ride for the brand.
8) Talk less and say more.
9) Remember that some things aren’t for sale.
10) Know where to draw the line.”

-taken from https://www.newcastlewyo.com/western-living

Benefits of Property Ownership in Wyoming

In Wyoming’s Black Hills, the air is crisp, the vistas awe inspiring and the horizon goes on forever.

This, however, is only the beginning. This property is located in the shadow of Mount Rushmore, historic Deadwood and the Black Hills National Forest. It borders 1,600 acres of public land, and the tax benefits support land ownership. It’s part of what makes Wyoming the coveted state it is.

Taxes

Wyoming levies no personal income tax and no tax on corporate income.
No inheritance tax or estate tax.
No tax on out-of-state retirement income.
Wyoming offers Dynasty Trusts where you can shield your real estate from federal estate taxes for up to 1,000 years for the benefit of your family or other beneficiaries.
No gift tax, allowing real estate to be gifted to your heirs without paying a gift tax.
Low property taxes based on assessed value of your property generally in the range of 6/10ths of one percent of market value.
Wyoming levies no intangible tax on financial assets such as stocks and bonds.
No excise sales tax.
No tax on mineral ownership.
No real estate transfer tax.
No tax on Social Security, private pension, and individual wage income.