NYCgrrl wrote:
mich800 wrote:
Skid Row Joe wrote:
rockhillmanor wrote:
QUOTE: I think we whittled down our choice of state for residency as Florida but we are considering the Montana LLC to make the purchase.
well.....using a Montana LLC "IS" tax evasion.
Uh......no, there's nothing illegal pertains Montana LLCs, or ANY other State's Rights LLCs. Anyone can open an LLC in ANY State they want to - not just Montana. There are tons of LLCs in the States of Nevada and Delaware, for example that are used for huge corporations in any of the other 48 States.
Very true. There is nothing wrong with at Montana LLC. Thousands of business use a LLC as their legal corporate structure. My business is a C corp because I could not get the protections I needed if I registered as an LLC, S corp, or sole proprietorship.
I incorporated as an "S" corp but actually had a business to protect.
My financial advisor is Dave Ramsey, and he advises/opens a new LLC every so often to keep assets separate from others. There's nothing better than an LLC in any State, although Nevada, and Delaware are at the top of my list. LLCs are totally legal, there's nothing wrong with registering your RV with one either - in your State of choice. It's really easier to keep your expenses separate anyway.
