Montana LLC
Can someone who has set up a Montana LLC recommend a law firm that they would recommend? Thanks.
Forum Discussion
JTHarley wrote:Passin Thru wrote:
Just a bunch of Elcheapo people who do that. Bet you'd ***** if they cut down on the police answering calls and charged you $1000.00 a year for ambulance and fire dept. It's called fraud and it's also Insurance fraud and is a federal crime so if convicted you can loose you right to vote, carry weapons and do a lot of time in jail. If I saw you do it I'd probably ask the government if they knew but wouldn't tell.
Here's news also. I owned a trucking business and know all the ins and outs of LLC and you'd better be legal if something happens.
I am SHOCKED that people are complaining about those who use a COMPLETELY LEGAL way of avoiding taxes!!! Like others have said IF YOU CAN COMPLY WITH THE LAW OF YOUR STATE then by all means go for it!
Michigan is HORRIBLE about sales tax…..If you buy a motorhome for $250K, drive it two years and then trade it in for a motorhome that is $300K….guess what, YOU PAY THE TAX ON THE ENTIRE $300K, no credit for the trade in at all! Furthermore, the plates are calculated on sale price of the coach…..so after 5 years you are still paying the high plate fee even though the coach is worth 40% of what you paid. My plates for a 2005 coach are well over $1,400 per year.
So, I see nothing wrong with using the tax laws to your advantage…those that don't are simply throwing money out the window.
Why wouldn't you pay the tax on the price? And if you can't afford to pay for a MH then don't buy one. That includes the taxes. You don't like the tax laws in the state you live in, then move. But forming an LLC to avoid paying what you owe, in the state where you live, drive and store your MH (which is a luxury item unless you FT) is just that, avoidance, and there is a reason they are coming down hard on people. If you can do it legally, then give it a whirl. But you better make sure you have every compliance documented. I love folks who feign surprise when they want a MH in a non tax friendly state, realize the tax burden they impose upon themselves and then scramble for ways to avoid it.
