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luvmydogs's avatar
luvmydogs
Explorer
Dec 17, 2014

Advice welcome for Newbie

We are set to take off in Spring. We already have our trailer registered to our LLC as will our truck when we find it. Seems everyone has different opinons about LLC's, what's legal and whats not. I'm not looking to piss any states off, but I figured if I could get an LLC and it was legal, why not. But mail and insurance needs to be arranged too and I'm not sure of the do's and dont's for that. We may be RV'ing for a few months or longer, all depends on if we find a dream home. Any advice on how to do all this would be greatl appreciate.

18 Replies

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  • C-Bears's avatar
    C-Bears
    Explorer
    Dec 17, 2014
    I guess I just never fully understood the whole LLC thing. Being registered in Illinois we pay $50 a year for RV plates and we don't pay state tax on pensions. I guess if you were purchasing a new RV you could cheat that state out of their sales tax, but wouldn't that be about the only benefit?

    Heck, I am just so thrilled to not be paying over $4,000 a year in property taxes I'm good.
  • luvmydogs's avatar
    luvmydogs
    Explorer
    Dec 17, 2014
    We may wind up buying a house in Montana so it seemed to likely choice. If its legal to have the LLC how can another state say its not? I dont get it?
  • fla-gypsy's avatar
    fla-gypsy
    Explorer
    Dec 17, 2014
    You will need to do a lot of reading as many states are now vigorously pursuing those who attempt to dodge taxes through this means.
  • luvmydogs's avatar
    luvmydogs
    Explorer
    Dec 17, 2014
    The LLC was recommended by friends. We dont own any home anywhere right now. Just want to try and do things right.
  • Nutinelse2do's avatar
    Nutinelse2do
    Explorer
    Dec 17, 2014
    Dso66 wrote:
    Llc? Seems there are a lot of abbreviations around here. Is there a place to learn them?


    LLC- Limited Liability Corporation

    If you want to learn the other abbreviations, look under RVingFAQ above ^^^^^^
  • Dso66's avatar
    Dso66
    Explorer
    Dec 17, 2014
    Llc? Seems there are a lot of abbreviations around here. Is there a place to learn them?
  • 2oldman's avatar
    2oldman
    Explorer II
    Dec 17, 2014
    Hmm.. newbies don't generally get LLC's and take off for a few months. You need help with the other stuff you mentioned?

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