Q:

What are the expenses besides rent and rental bonds when moving out of a home?

A:

Quick Answer

Moving expenses will include either gasoline or airfare, depending on the mode of travel, temporary lodging while traveling and moving in, if necessary, and the hire of a moving company, a truck rental or both. If some personal belongings are shipped by mail, there will also be shipping costs.

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What are the expenses besides rent and rental bonds when moving out of a home?
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Full Answer

All moving experiences are different, and they vary widely. Generally, moving farther away, particularly an international move, will be more costly than moving within town or to a neighboring county or state. For an international or overseas move, belongings can be shipped rather than being moved by the owner or a moving company. Depending on the number and type of belongings being shipped, this may require hiring a separate moving company in the country of origin.

Moving expenses incurred due to employment tend to be reimbursed by the employer, although some companies place restrictions on the amount they will reimburse. If the majority of furniture to be moved is large, bulky or not high quality, it will be cheaper to sell furniture before moving. This allows the person moving to use the proceeds to buy new furniture from a store close to the new location. This avoids some shipping and moving costs and may even yield a small profit.

Sources:

  1. irs.gov

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