Fernley Real Estate
Welcome to Fernley, Nevada! Whether you are thinking of relocating to the beautiful Silver State, or are you already have already bought property in Lyon County, here is a brief guide to Fernley.
Lyon County was one of the original Nevada counties created in 1861. It was named after General
Nathaniel Lyon who died in the Civil War. Located in northwestern Nevada, Lyon County includes two
incorporated cities; the City of Fernley and the City of Yerington. Lyon County is adjacent to Storey and
Washoe counties on the north, Mineral and Mono (California) counties on the south, Churchill and
Mineral counties on the east, and Douglas County and Carson City on the west. Three rivers flow
through the county; the Carson River, the Truckee River and the Walker River.
Fernley is strategically located as a north-south, east-west transportation hub. Several Fortune 500 companies have
discovered Fernley’s affordable industrial parks, large land parcels with rail and highway access. Over 85% of the State of
Nevada is public lands and Fernley is surrounded by public outdoor recreation opportunities. Pyramid Lake is 15 miles to
the north, Lake Lahontan is 12 miles to the south, the Fernley Wildlife Management area joins Fernley on the east and the
Truckee River to the west. Lake Tahoe is also just a short drive away. Fernley’s central location makes recreational activities
such as boating, water skiing, camping, fishing and swimming easily accessible. The outdoor enthusiast has numerous
activities that take advantage of the over 300 days a year of clear skies and wonderful temperatures. Fernley lies in the
midst of millions of acres of public lands that are a thrill for anyone who loves the outdoors.
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. There are many major employers that have grown increasingly over the years in Fernley. Including the Tesla’s Nevada Gigafactory, one of the world’s highest volume plants for electric motors, batteries, vehicle powertrains and more. The Reno Tahoe Industrial Center is the third largest industrial center in the world with 107,000 acres privately owned. PetSmart, Walmart, Home Depot, are few of many warehouses in the area.
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
THINGS TO DO IN FERNLEY
Senior Pro Rodeo
Senior Pro Rodeo is held at Fernley Out of Town Park and is a two day event in the
summer. This rodeo includes 2 timed events and 3 full rodeos. Watch all sorts of rodeo
events from bull riding to barrel racing during those warm August nights.
Fernley 95a Raceway
Fernley 95a Raceway is Nevada’s premiere motorsports complex. This track is located just a
short drive from Reno and has hosted some of Northern Nevada’s most prestigious national and local racing
events. From the National Sprint Car Series to Off-Road Competitions, Fernley 95a Raceway offers it all!
Welcome to Fernley 4th of July
Come out to Fernley and celebrate the 4th of July the way it’s meant to be celebrated! The day begins with a
pancake breakfast at 8:00am which then leads to a parade down Main Street at 10:00am. The parade is kicked off
by the “Show n Shine” cars and is then lead down Main Street by Nevada Veterans Coalition with the presentation
of the National Colors. Once the parade ends, we head on over to the park for some fun and entertainment. It will
be complete will vendors as well as food and then once dusk rolls around we lay out on the baseball fields and
watch the fireworks!
Burning Man
Burning Man is an annual art festival located in the Black Rock Desert of Nevada. Tens of thousands of people
gather in Nevada’s desert to create Black Rock City which is a temporary art and self expression community. This
event happens over labor day weekend and the total travel time from Fernley to Black Rock Desert is 1 hour 30
minutes.
Fernley Golf Classic
This annual golf tournament is put on by the Fernley Chamber of Commerce during the end of summer. It is held
at The Golf Club of Fernley.
Fernley Hometown Christmas
Fernley Hometown Christmas is complete with a parade and tree lighting celebrations. Upon the conclusion of the
parade, the tree lighting will begin which includes caroling, music and holiday festivities.
RECREATIONAL ACTIVITIES
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-year- old 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.
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.
EDUCATION
The Lyon County School District central office is location at 25 East Goldfield Avenue in Yerington. The District office is open 8:00am-5:00pm
Monday through Friday, including during the summer months when school is not in session. The current Superintendent of Schools is
Mr. Wayne Workman, who has held the position since 2015.
The District is the largest employer in Lyon County, employing 582 licensed staff, 326 classified staff, and just over 400 substitute staff across 18
schools, 4 school bus yards and the District office.
Lyon County School District-775.463.6800/www.lyon.k12.nv.us
The University of Nevada, Reno is the state’s historic flagship institution of higher education. It is approximately a half hour away from Fernley, or about 34 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.
WELCOME!
We’re happy to have to here in the wonderful Fernley, 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.
