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Fallon Real Estate

Welcome to Fallon, Nevada! Fallon is a small town about 60 miles away from Reno that is surrounded
by farms, ranches and the Lahontan Valley Wetlands. This charming area offers the arts, the
outdoors, shops, military roots, and a wide variety of special events that happen year round.

Just outside of Fallon is Sand Mountain where people from all over come to camp and have fun. Wonderful farmer’s markets
and the Navy’s TOP GUN school is located here as well. Special Events and the people are not only great reasons to come visit Fallon but are also a great reasons to move to Fallon!

WHY NEVADA?

Area Key Industries: 

1. Advanced Manufacturing

2. Distribution, Logistics, and E-Commerce

3. Back Office, Business Support, and Data Centers

4. Clean Energy 

5. Financial Services

Business and Gaming 

When people think of Reno area, they think of  gambling. However, over the last couple of decades, Reno and Sparks have become much more than just gaming cities. With many prominent corporations residing in the area, INC magazine rated Reno as the sixth best spot to do business for a mid-sized city.

Advantages of Doing Business in Nevada 

Stockholders, directors and officers do not need to live or hold meetings in Nevada. Directors do not need to be stockholders. Officers and directors of a Nevada Corporation can be protected from personal liability for lawful acts of the corporation. Nevada corporation may purchase, hold, sell or transfer shares of its own stock. 

US Best States for Doing Business 

State of Nevada ranked #6 from the Chief Executive’s annual 
survey that asked over 600 CEO’s to grade each state on the following criteria: 

Taxation & Regulation 

Workforce & Quality 

Living Environment 

– Courtesy of EDAWN & Northern Nevada Business 

NEVADA TAX ADVANTAGES

The requirements are simple, and the benefits can be quite impressive. 

The main qualifier for this tax “hospitality” is to make Nevada your central place of residence. This does not mean you cannot do business or even have residences in other states, just that Nevada is the state in which you have the closest ties. 

If you are residing in Nevada and become a Nevada resident, you will generally escape state income taxes, except for income that arises from sources within another state. 

Even if you are required to “source” part of your income from a state that has an income tax, you may still enjoy a significant decrease in your overall tax burden. 

Below are a few reasons why you should consider Nevada for your home and business: 

• No personal income tax
• No corporate income tax
• No gross receipts tax
• No franchise tax
• No inventory tax
• No tax on issuance of corporate shares
• No requirements of shareholders and directors to live in Nevada
• No tax on sale or transfer of shares
• No succession or inheritance with IRS
• Simple annual requirements
• Protection for Directors and Officers
• No initial or minimum capital requirements
• Anonymity of owners-total privacy
• Low property taxes
• Business friendly environment
• Dynasty Trust Laws allow for wealth to be passed from generation to generation on a tax-advantaged environment

AREA PROFILE

Fallon used to just be a “dusty crossroads” between the towns of St. Clair and Stillwater. The local Native
Americans referred to Fallon as “Jim’s Town.” Jim Richards operated his store near Mike and Eliza Fallon’s
post office and ranch house, which was established in 1896.

There were soon rumors about a project to build a dam and canal to irrigate, or “reclaim”, desert lands.
Following the assassination of President McKinley in 1901, longtime conservationist Theodore Roosevelt
became President. He soon signed the papers which established the Reclamation Act of 1902 and a federal
reclamation system began financed from the sale of public lands. The Reclamation Act also created the
United States Reclamation Service (USRS).

After this national event, Fallon’s dusty crossroads would never be the same. Mike Fallon sold his ranch to
Warren W. Williams, who proceeded to have the land platted and began advertising the sale of lots. Fallon
was officially incorporated in 1908 and it’s main goal was to provide the best services to it’s residents. Fallon
at that time was expected to have a population of about 20,000 in just 2 years.

Fallon is also home to the Fallon Naval Air Station which was established in 1942. In 1959 the runway for the
Air Station was extended to 14,000 feet and since 1972 the base has served as a full-fledged Naval Air
Station that specializes in pilot training.

Fallon has also long been known as the “Oasis of Nevada.” This was first used in 1948 by the Fallon Chamber
of Commerce, and has stuck with the town since then. Fallon and its surrounding countryside are truly lush
cultural and agricultural havens in the rural Nevada desert.

THINGS TO DO

Annual Christmas Tree Lighting

Nothing feels like the holidays more than the City of Fallon Annual Christmas Tree Lighting. The magic of the
season brings out the entire community to watch a giant tree light up downtown Maine Street amongst
carolers, the historic Douglass Open House with cookies and hot chocolate, and the first glimpse of Santa.

New Years Eve Fireworks & Bonfire

Ring in the new year with an impressive display of fireworks inside the Churchill County Fairgrounds and feel
every launch and explosion from the grandstands. Follow the show with a bonfire large enough for the
whole community to gather around and celebrate.

No Hill Hundred Century Bicycle Tour

This bike tour, hosted by the Churchill County Cyclist and Churchill Parks and Recreation, is broken down into
a 30-mile, a 60-mile, and 100-mile race across the prehistoric Lahontan Lake bottom to accommodate all
levels of cyclists. The ride is fully supported and includes several planned stops. Registration includes an event
shirt, gift bag, lunch for metric and century riders, and a post-event meal at noon for all riders.

World Cowboy Fast Draw Championship

Competitors come to Fallon from around the country to compete in an authentically western single action
revolver shootout for the title “Fastest Gun Alive” in the Cowboy Association’s World Cowboy Fast Draw
Championship.

Cantaloupe Festival & Churchill County Fair

This Northern Nevada favorite is the longest running agriculture event in Nevada and features the sweet,
renowned juicy cantaloupe grown in Fallon. Families from around the region come out to the Churchill County
Fairgrounds for food, crafts, mud volleyball, children’s activities, country fair games and more.

Winter Recreation
The Reno / Lake Tahoe region has a wide variety of top cross-country skiing areas, downhill ski
resorts, and snow play areas. Sprinkled around the Lake Tahoe area, these winter sports areas are
blessed with abundant snow, excellent accommodations, and easy access from Reno, Sacramento,
and the Bay Area. In addition to downhill and cross-country skiing, winter sports opportunities include
snowshoeing, sledding, snow tubing, and snowmobiling.

TAHOE AREA RESORTS

NEVADA STATE PARKS


Camping, fishing, hiking, swimming, nature study, star-gazing—not your thing? How about mountain
biking, horseback riding, boating, water skiing, snowshoeing, ice-skating? Choose your favorite outdoor
activity and Nevada State Parks will provide a place for it. Nevada’s 23 state parks, recreation areas and
historic sites are stretched across terrains as diverse as alpine forests and bone-dry deserts.

Among them are natural lakes and man-made reservoirs, such as world-famous, 22 mile long Lake Tahoe or
the much smaller Echo Canyon and its 35-acre reservoir. Other parks provide glimpses into the past. Valley of Fire is one of the state’s oldest,
with 3,000-yearold petroglyphs carved in sandstone and breathtaking views of the maroon-colored rock formations
created during the age of the dinosaurs. Mormon Station in Genoa and the Old Las Vegas Mormon Fort
feature replicas of 19th-century fortifications and visitor centers explaining regional history.
Many campgrounds and RV facilities are open all year, depending on the weather. You can even stay in
a yurt at Cave Lake State Park near Ely. Trailheads are well marked, and facilities at many parks include
RV dump stations, showers and day use facilities for groups. For more information on Off-highway
Vehicles (OHV) registration, go to Department of Motor Vehicles at dmvnv.com

EDUCATION

Western Nevada College-Fallon
160 Campus Way
Fallon, NV 89406
775.423.7565
WNC Fallon campus offers a wide range of courses for students to work toward associate degrees, transfer to a university, dual credit
college/high school courses, or certificates of achievement in the arts and sciences, technologies or topics of personal interest. The
campus also offers distance education courses, including interactive video and Internet classes, to allow those in remote locations the
ability to access higher education.

Truckee Meadows Community College
7000 Dandini Blvd. Reno, NV 89512
775.673.7111
www.tmcc.edu
The Truckee Meadows Community College academic programs, which emphasize industrial technology, include Industrial Management
Certificate, Applied technology courses, and Tech Prep/School courses.
The college provides post-secondary and occupational opportunities in our area. It has a total
enrollment of 10,750 for both credit and non-credit students who enjoy the benefits of 51
accredited associate degree programs and 32 certificates of achievement which offer a variety of specific job training.

K-12 SCHOOLS

The University of Nevada, Reno is the state’s historic flagship institution of higher education. It is approximately a hour away from Fallon or 63 miles. The University
has a student enrollment of more than 19,000, including about 3,200 graduate students, and a total budget of
nearly $500 million. The University provides a broad range of programs and degree options, ranging from baccalaureate degrees
in more than 75 disciplines to more than 100 graduate-degree programs at the master’s and doctoral level. The University of Nevada School of Medicine is a vital component of the University, with campuses in both of Nevada’s major urban centers, Las Vegas and Reno, and a health network that extends to much of rural
Nevada.

The University is one of eight institutions of higher education governed by the Nevada System of Higher Education. The University has more than 145 undergraduate degree programs, and more than 150 graduate degree programs (57 master’s, 80 doctoral and 24 professional graduate programs) from which students may choose.

The tuition for Nevada resident undergraduates is among the lowest in the western United States. The resident undergraduate tuition and fees total $8,798 a
year, which is lower than all but one of 15 western states. Non-resident undergraduate tuition and fees total $25,340 a year, which is at the median for the western states. Coupled with its status as a land-grant institution, the University necessarily has a statewide mission and boasts programs and activities in all 17 counties of the state. It has more than 700 employees outside the Reno area, most of them in Las Vegas. It plays a critical role in the promotion of health throughout the state
through its Schools of Medicine, Nursing, and Public Health. The University’s athletics programs compete in NCAA Division I as part of the Mountain West Conference. The
University fields competitive teams in 18 sports, with six men’s sports and ten women’s sports teams offering
scholarships.

DINING

Courtyard Café & Bakery
55 E. Williams Ave.
775.423.5505

The Slippery
30 E. Center St.
775.294.9314

Cattlemens Café
1025 S. Allen Rd. #8983
775.294.5958

Woody’s On The Beach
10 B State St.
775.294.6332

Take Five: Bistro & Bar
502-666 Churchill Ave.
775.426.2445

Maine Street Café
810 S. Maine St.
775.423.1830

Pizza Barn
1981 W. Williams Ave.
775.423.7155

The Slanted Porch
310 S. Taylor St.
775.423.4489

The Twisted Branch
111 S. Taylor St.
775.423.3377

The Grid
1120 Taylor Pl.
775.423.8554

JD Slingers Steakhouse
855 W. Williams Ave.
775.423.3050

Julio’s
1941 W. Williams Ave.
775.423.7721

COMMUNITY LINKS

WELCOME!

We’re happy to have to here in the wonderful Fallon, Nevada. We hope you found this information beneficial! Don’t hesitate to contact one of the Vaulet Group representatives for any other questions, detailed guides in a PDF form, and so much more. Guide information is provided by First Centennial Title Co. of Nevada, at www.FirstCentennial.com. First Centennial Title, a full service title and escrow company, has grown from a one-office operation to a multi- office operation, with Branches in Reno, Sparks, Carson City, Incline Village and Stateline.

Testimonials

Miranda was the best real estate agent me and my wife have ever used. She was very personable and extremely professional. I would highly recommend her to anyone buying or selling.
Danny