Forum Discussion
wa8yxm
Jan 18, 2015Explorer III
reboo349 wrote:
what are the advantages of registering in another state and how do you go about it, looking at buying a new class A
There is a song from around 1970... Skip a rope. And the line that applies is:
Cheatin' on your taxes don't it feel cool, what's that you said about the golden rule.
The advantage is this, Some states have no sales tax, so if you buy there you save % on the cost of your motor home up front, Some your registration may be thousands of dollars each year (Selected counties in NV for example, from another thread somewhere) others, Well I pay less than 400 in Michigan, and some pay way less than that.
Some states insurance is less expensive.
What is the DISADVANTAGE: See that line from the song about cheating on your taxes.
When the state in which you reside decides you have been cheating them out of their lawful tax income,,, THEY Decide how much you owe, PLUS interest and penalty. And that can be far more than you saved. (Usually is in fact).
I know California and Colorado have gone after tax cheats, Michigan was looking into it, the other states I am not sure of save for Montana, which has not got that problem since they are one of the states where folks like to incorporate for tax savings.
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