Montana LLC

Use a little common sense, I guess you are the type that needs it spelled out to them, If you are a resident of that state and park your MH at Home, or any storage facility. And the MH is registered in another state you will pay VA taxes if caught. Roy

IIRC, he took his coach home for a couple of days.
That turned out to be a mistake!
That mistake, it is true, cost him a lot of money.
Which, of course, is why I keep saying:
KNOW the laws in YOUR state!
COMPLY with the laws!
DOCUMENT your compliance with the laws.
If that means that you can NEVER bring your RV home, so be it, DON'T DO THAT!

Please note that it is perfectly legal for a California resident (or a resident of any other state) to own a Limited Liability Company in ANY state. However, one MUST be in total compliance with the laws of your state at all times! In fact, those with extensive investment portfolios may be part owners of LLCs from all over the country! One really shouldn't brand ALL ownership of LLCs as illegal!

There was someone here on the forums for a lack of a better word got caught. He said it cost him a good sum of $$$$. Maybe he will chime in.

I know one thing if you park your MH in Virginia, don't care what state you are registered in if they catch you (VA) you will pay VA taxes. Roy

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.

The use of a Montana LLC would in no way be any kind of a federal crime so I'm not sure where this post is coming from. Using the Montana LLC to evade sales tax could be a state tax crime, but there would be no federal issues. The one huge point that I would agree wholeheartedly with the poster is that if you use an LLC for either asset protection or as a tax use be sure you dot your I's and cross your T's because if you don't the asset protection facet and tax savings aspect of the LLC could be lost quite quickly.

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.

To avoid is legal, to evade is illegal...

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.

exgman wrote:

msmith1199 wrote:

Billinwoodland wrote:
My wife and I are getting ready to pull the trigger on our first A. We live in CA. I have looked at various options to limit my tax liability in CA, and have had a meeting with my accountant about the issue. Here is the bottom line. I am happy to pay my fair share of taxes. The problem is that that "fair share" has gotten so high many people (like me) explore legal alternatives to limit that tax liability. Simply put, I pay a ton in taxes and am still in CA because I am still working. In the end, I suspect I will just take the dive and write one more big check to the big spenders in Sacramento.

California has tightened up on the laws and if you live here and have a California DL it is very difficult to legally avoid the taxes.

California has closed all the loopholes. It is virtually impossible to have a MT LLC, live in Cali and be legal.

X2....we are both retired but all our vehicles are registered here. Our drivers licenses also. And get this our son lives in Portland, Oregon where fees are much cheaper. But I believe Kalifornia has now a toll-free line for citizens who spot out of state suspicious licenses with a reward. The California Highway Patrol has created a website "Cheaters"...All these government agencies are desperate for funding because....(don't get me started!)

exgman wrote:

msmith1199 wrote:

Billinwoodland wrote:
My wife and I are getting ready to pull the trigger on our first A. We live in CA. I have looked at various options to limit my tax liability in CA, and have had a meeting with my accountant about the issue. Here is the bottom line. I am happy to pay my fair share of taxes. The problem is that that "fair share" has gotten so high many people (like me) explore legal alternatives to limit that tax liability. Simply put, I pay a ton in taxes and am still in CA because I am still working. In the end, I suspect I will just take the dive and write one more big check to the big spenders in Sacramento.

California has tightened up on the laws and if you live here and have a California DL it is very difficult to legally avoid the taxes.

California has closed all the loopholes. It is virtually impossible to have a MT LLC, live in Cali and be legal.

I was referring to more than just the Montana LLC as I don't believe it has been legal in California for a long time. That is unless you kept the motorhome out of California, but most people weren't doing that. The sales tax avoidance can still be done but they increased the time that the RV must be out of the state. I think it's a year now.