Moving and storage is big business in the United States. According to the U.S. Bureau of the Census, more than 15 percent of the U.S. population moves yearly. Many options exist for those of you that will be moving in the coming year. Whether you are moving for a new job or to a new living space in your hometown, there are a few moving and storage options here that you may not have known about.
If you are looking into moving and storage for a new job, you have a nice tax incentive. Depending on how far you move you may be able to deduct your moving and storage expenses from your taxes. A move more than 50 miles away from your previous address you may be eligible for this deduction. Costs incurred on your move such as gas for the drive, portable storage containers, moving trucks, moving pods, and the cost of hiring long distance moving and storage companies may be eligible for this tax benefit. Another often overlooked option that could potentially save you many moving and storage woes and rage is the liability coverage for your belongings.
Many are unaware of this but companies are required to offer liability coverage. Should you hire a moving and storage company to help you with your upcoming uproot, you may seriously consider this option, because it is no fun finding your treasured belongings smashed to bits inside those moving containers. Obviously this depends on many factors such as your budget, and value of your belongings. If you’re moving locally, sometimes self storage may prove to be of more use.
And there are small things to consider when looking into moving and storage, even if you are staying in your hometown (according to the Pew Research Center, 37 percent of Americans have never moved out of their hometown), that make a big difference. You should be sure to have your utilities turned off at your previous residence one day after your move date, and have them turned on at your new place one day before you arrive. Small things like this make a big difference. Something as small as utilities can make or break the ease of your move. It’s no small task moving, let alone having to do it in the dark because you forgot to inform your utility company.
Just a few things to think about when considering moving and storage.