Montana LLC
Can someone who has set up a Montana LLC recommend a law firm that they would recommend? Thanks.
Forum Discussion
A Montana LLC is a totally legal entity but IMHO it is best suited for use by full-timers who don't spend much, if any, time in the state where they are domiciled.
Contrary to much of what you read on this and other forums, you can have a domicile in one state and have vehicles registered in another one. Problems arise, however, if you register a vehicle in one state but park it in your domicile state in excess of the number of days specified by that state's laws.
In other words, you can't register a vehicle in Montana but keep it at your home in another state. That state will be justly upset by that and will probably go after you for all sorts of tax evasion.
However, if you are, for example, a South Dakota full-time RV resident and your Montana vehicles spend little, if any, time in SD then you aren't breaking SD law and your MT LLC will have fulfilled its purpose.
Contrary to much of what you read on this and other forums, you can have a domicile in one state and have vehicles registered in another one. Problems arise, however, if you register a vehicle in one state but park it in your domicile state in excess of the number of days specified by that state's laws.
In other words, you can't register a vehicle in Montana but keep it at your home in another state. That state will be justly upset by that and will probably go after you for all sorts of tax evasion.
However, if you are, for example, a South Dakota full-time RV resident and your Montana vehicles spend little, if any, time in SD then you aren't breaking SD law and your MT LLC will have fulfilled its purpose.
