Is anyone using a Montana LLC to register their RV? We are getting close to making a purchase and I'm wondering if the time and hassle are worth the effort or should we just bite the bullet and pay the tax? Will I have to convert my drivers license to Montana also? It think that I've seen previous posts on this subject but its been quite a while ago.
-- Edited by Vstarrider1946 on Thursday 15th of May 2014 10:55:34 PM
mylittledogs said
03:18 AM May 16, 2014
We have hear alot do this. We live in Virginia & read where alot do this. But we chose to just pay the tax an not worry about the government. We bought a class A in 2013 an it did hurt the bank acount. Good luck on your purchase.
Kenny & frances
jrzygrl64 said
04:30 AM May 16, 2014
I know someone who recently did this but they are also starting a business. I will PM you.
Howard said
08:28 AM May 16, 2014
Lots and lots of full-timers have used the Montana LLC option without a problem. In fact, it's less likely for a full-timer to have an issue as long as they don't spend much time in their state of domicile. And it's different if you are starting a legitimate LLC versus just using the LLC as a shell to avoid paying sales tax.
Also, if you do a search on this Forum, you will find a Colorado couple that was charged with a felony for using the Montana LLC option.
It's certainly tempting to avoid paying sales tax on an expensive RV, but be sure you understand the risks and get legal advice in your state of domicile.
Vstarrider1946 said
10:55 PM May 16, 2014
Thanks Howard for the direct information. This is why I became an RV Dreams member.
Is anyone using a Montana LLC to register their RV? We are getting close to making a purchase and I'm wondering if the time and hassle are worth the effort or should we just bite the bullet and pay the tax? Will I have to convert my drivers license to Montana also? It think that I've seen previous posts on this subject but its been quite a while ago.
-- Edited by Vstarrider1946 on Thursday 15th of May 2014 10:55:34 PM
Kenny & frances
Lots and lots of full-timers have used the Montana LLC option without a problem. In fact, it's less likely for a full-timer to have an issue as long as they don't spend much time in their state of domicile. And it's different if you are starting a legitimate LLC versus just using the LLC as a shell to avoid paying sales tax.
Personally, I'm not a fan. I've laid out my case on this page: Montana LLCs - A Hot Topic.
Also, if you do a search on this Forum, you will find a Colorado couple that was charged with a felony for using the Montana LLC option.
It's certainly tempting to avoid paying sales tax on an expensive RV, but be sure you understand the risks and get legal advice in your state of domicile.
Thanks Howard for the direct information. This is why I became an RV Dreams member.