We all have this dream now and then about some how legally getting around the Mass restrictions but I really don't think there's an economical way around it. IF you were Maine resident the only real advantage is you could purchase non-Mass compliant handguns. You couldn't bring their post ban high capacity mags into Mass. and you couldn't sell them in Mass either. Assuming you'd still spend time in Mass, then you'd have to get an out of state Mass LTC, which you'd pay $100 for every year instead of the 7 yr (?) term. So you pay $600 more over 7 years. Most of these non-Mass compliant handguns can be found in Mass but you pay a big premium.
The BIG thing you should be concerned about as touched upon is how the real estate purchase is handled amongst your siblings. I'm no lawyer but I think you'd be best to consult one and probably set up a trust that would own the property legally with you and your siblings all trustees. That way (thinking like a lawyer here with dooms day scenarios) if someone were to become injured at this property and sue all the owners your personal assets are less at risk. Tax obligations are also a huge concern. Also, if you have kids going to college, non-primary residence homes are treated like cash when it come to financial aide but maybe a trust would help you there too? I'd say all these things trump whatever benefit you'd get out of being a Maine resident and having access to non-Mass compliant handguns.
The BIG thing you should be concerned about as touched upon is how the real estate purchase is handled amongst your siblings. I'm no lawyer but I think you'd be best to consult one and probably set up a trust that would own the property legally with you and your siblings all trustees. That way (thinking like a lawyer here with dooms day scenarios) if someone were to become injured at this property and sue all the owners your personal assets are less at risk. Tax obligations are also a huge concern. Also, if you have kids going to college, non-primary residence homes are treated like cash when it come to financial aide but maybe a trust would help you there too? I'd say all these things trump whatever benefit you'd get out of being a Maine resident and having access to non-Mass compliant handguns.