Montana LLC Re-Visited
Hi guys, I recently spoke to someone who became a full timer and the conversation was interesting. He told me that he sold his home in New York and set up a Montana LLC. He then purchased a new MH...
Forum Discussion
Effy wrote:
I do find it a bit funny that a lot of the staunch supporters of this, and claim there is nothing wrong, it's all legal and no different than leveraging any other loophole, and it's morally positive, have not excercised this ingenious plan themsleves. Speaks volumes. If it's all legit, legal and easy, provided you follow the letter of the law, why isn't everyone doing it? After all, we all do the interest deduction.
Because most of us are not full timers. In order to do the Montana or the North Dakota thing legally, you must live in one of those states, or declare residency in one of those states and then live in your motorhome full time and don't stay past the time limits in any one state. I personally would have no problem at all doing a North Dakota registration if I lived in the Motorhome full time, but I have a house and business in California so I'm stuck with California plates on my motorhome.
