Articles on: Business

The Business Owner’s Guide to Living between Homes in Multiple States

RAMShard offers easy-to-use, simple Minecraft and Web Hosting that is secure, affordable, and mobile-friendly.

Image via Unsplash

The Business Owner’s Guide to Living between Homes in Multiple States

Your business may span two or more states and, as a consequence, you may own or rent multiple homes. You may move back and forth between them periodically, with or without your family. Needless to say, this can be incredibly demanding mentally and physically. It can also be a logistical and financial nightmare. RAMShard brings you this handy guide that can make it all easier to manage:

Get a solid grasp of your business financials

You must stay on top of the legalities of running a business between multiple states to avoid steep fines or roadblocks. You should understand the tax implications, including your residency, filing order, and corporate tax implications (if applicable). Further, you may need a foreign qualification. Lastly, if you own two or more homes, that will also factor into the equation.

Choose a registered agent to perform business tasks

Hiring a registered agent to perform business tasks in your stead can be a worthwhile investment. When you establish a registered agent, you outline major decision-making and processes. If anything serious pops up, like a tax notification or lawsuit, the agent can look into it for you. Before choosing an agent, be sure to check the rules for the state you’re appointing them in.

Create a checklist to follow before switching homes

When you’re changing residences, there are countless major and minor details to take care of. It pays to come up with a checklist of must-dos before leaving. Some examples are below:
Mail delivery: Have your mail forwarded to your alternate residence, have it kept on hold, or ask someone to collect it for you.
Services: Turn off utilities and services like phone, cable TV, and the internet. You may be able to opt for seasonal, temporary plans.
Thermostat: Turn off the thermostat or set it on the lowest setting to avoid steep bills.
Water: To prevent water damage, it’s a good idea to turn off the main water inlet. Also, make sure the main water heater is empty.
Medical records: Take copies of your medical records and medications with you. Emergency numbers are a good idea also.
Neighbors: Ask your neighbors to check in on your property from time to time.
Subscriptions: You will want to cancel or suspend newspaper and magazine subscriptions.

Get a routine going

When you move back and forth between two places often, it can be a significant mental and physical adjustment. A solid routine can help you to get settled in faster at the new location. Try to keep bedtimes, mealtimes, and work times the same, if possible. Also, be sure to follow a self-care routine of some kind to give your body the care it needs. Learn scheduling, prioritization, and other time-management tricks to remain productive with your work despite any disruptions.

Setup a security system and purchase other safety products

Having a security system for both your homes is a good idea. They are an excellent deterrent against thieves. Also, the smart ones have sensors that can detect water, carbon monoxide, and carbon build-up. If you have a family, this is a great way to keep them safe when you move.

Also, other safety products like first aid kits, smart locks, safes, portable heaters, and emergency radios can be a good investment. If purchasing any products for your family, read in-depth product reviews from unbiased sources.

Maintaining two homes also has several practical considerations. Here are a few of the most important ones:
Repair and maintenance: You may need to find handymen and similar to keep your homes in good shape. You could also hire a caretaker to house-sit.
Renting it out: You could choose to earn some extra income by renting your home out when you’re not using it.
Payments and fees: How will you make house-related payments? Some examples are utilities, maintenance, management fees, and association fees.
Insurance: You should, ideally, purchase property insurance. Look for coverage for damage that occurs when a home is vacant.
Keeping it stocked with food: Keeping your home stocked may require some planning if you keep moving back and forth. Consider creating an emergency food store, if necessary.

Budgeting and saving money

Traveling constantly between multiple states and maintaining two or more homes is expensive, to say the least. Picking up basic budgeting and accounting skills will help you to stay in control of your finances. Some examples include balancing your checking account, managing debt strategically, building credit, and investing wisely.

Also, you can and should look out for ways to save money. For instance, you can and should get insurance — whether that’s health or auto — from the state that offers the cheaper option. This also applies to other things — your subscriptions, cars, healthcare, clothing, and more.

Finally, it pays to stay abreast of the prices of living expenses in each state. This will give you extra control over your finances and help you avoid unforeseen expenses:
Storage in Los Angeles: In LA, these storage options are available for a reasonable fee. A 5’ x 5’ unit will cost $144, for instance. You may be able to find the first month free, discounts, and other benefits.
House cleaning services in Stockton: On average, homeowners paid an average of $106 to $356 in Stockton, to have a maid or a cleaning crew tidy up their home.
Housing in Delaware: If you’re in the market to purchase a home in Delaware, you can expect to spend $236,300.
Health insurance in Michigan: It costs an average of $374 per person to secure a major medical insurance plan in Michigan.
Food in New York: Expect to spend $521.71 monthly on groceries in New York City.


Maintaining multiple homes, periodic travel, and keeping your business going can all be a bit of a juggling act. You’ll get better at it with time. You can always ask friends or family to lend a helping hand, if necessary. Also, hiring professional help, like a registered agent, to help with the running of your business can greatly lighten your burden.

Updated on: 01/17/2024

Was this article helpful?

Share your feedback


Thank you!