Montana LLC
My Class A motorhome and car are registered in my home state/county- Nevada/Clarke. I am a full timer and registration, particularly emission inspection, is a pain. Besides, I am paying $1500 per ...
Forum Discussion
11B wrote:wnytaxman wrote:Billinwoodland wrote:wnytaxman wrote:
Being a fulltimer allows you to pick and choose whichever state you desire. As others have said, South Dakota, Florida and Texas appear to be the states that most use. No problem with the Montana LLC if you use South Dakota according to what others have posted.
Why would you even bother with a Montana LLC if you did a domicile in South Dakota? You would be a SD "resident" and thus I do not see any tax advantage to a MT LLC.
Using the Montana LLC would save the sales tax on the purchase. Apparently South Dakota does not chase fulltimers who use the Montana LLC's which would free up the purchaser on the sales tax and any other charges that SD might levy but Montana doesn't. Also an LLC is not a bad idea from an asset protection standpoint.
I believe in order to register you coach in South Dakota you must prove to the state you paid the sales tax when you bought the coach. At least I had to five years ago when I registered mine there.
Then I guess I will never set up residence in SD. I bought my rigs right here in Montana, and no sales tax has ever been paid on any of them.
If I want to get away from the Montana income tax, looks like I will have to move to Wyoming!
