Montana LLC Re-Visited

[Foodsman]

Hi guys,

I recently spoke to someone who became a full timer and the conversation was interesting. He told me that he sold his home in New York and set up a Montana LLC. He then purchased a new MH and a Toad and said he saved $53,480 in taxes between the two vehicles.

He said a couple months larter he went to Florida and set up a domicile and got a Florida drivers license. This got him away from what he called exorbident NY taxes.

He then went back to Florida 14 months later and reregistered his MH and car in Florida with $0 tax implication. He paid a small fee to re-title in FL and paid the standard plate fee.

I asked how that was possible and he said Florida does't make you pay the tax if you owned the vehicles for 12 months or more. He said since then Florida has changed the 12 months to 6 months!

What do you think?

Harry

[Effy]

willald wrote:

Effy wrote:
So is it better to use a MT LLC to buy a Gas or diesel MH and which manufacturer, length, and should it be new or used and how old should the tires be and what should I expect for MPG? If Gas workhorse or F53, if diesel, should I look for spartan, freightliner or any other? Also, is it better to have my MT LLC coach with hydro slide or electric, tpo roof or fiberglass? Should I ever level it with the wheels off the ground? (Fronts only - I am not that silly). I think that covers most of it.

Nah, Effy, I think you forgot a few topics:

Should you travel in it with propane frig on? Is it OK for you to dump grey water on the ground with it? Should you spend a fortune on day 1 and put in a residential refrigerator? If you tow a vehicle behind it, should you install a supplemental braking system?

Hehehe, it goes on and on. 🙂

:B

[willald]

Effy wrote:
So is it better to use a MT LLC to buy a Gas or diesel MH and which manufacturer, length, and should it be new or used and how old should the tires be and what should I expect for MPG? If Gas workhorse or F53, if diesel, should I look for spartan, freightliner or any other? Also, is it better to have my MT LLC coach with hydro slide or electric, tpo roof or fiberglass? Should I ever level it with the wheels off the ground? (Fronts only - I am not that silly). I think that covers most of it.

Nah, Effy, I think you forgot a few topics:

Should you travel in it with propane frig on? Is it OK for you to dump grey water on the ground with it? Should you spend a fortune on day 1 and put in a residential refrigerator? If you tow a vehicle behind it, should you install a supplemental braking system?

Hehehe, it goes on and on. 🙂

[wnytaxman]

Yep, it was a rather long and interesting thread. On the bright side, if it saves someone some $$ by giving them the understanding of the pros and cons of the subject, then it was well worth it.

Now in the efforts of continuing friendship we should discuss politics, religion, sports, dogs vs. cats, and who's smarter, men or women. I'm sure that would keep the moderators busy just deleting those threads.

Safe travels to all!

[Effy]

So is it better to use a MT LLC to buy a Gas or diesel MH and which manufacturer, length, and should it be new or used and how old should the tires be and what should I expect for MPG? If Gas workhorse or F53, if diesel, should I look for spartan, freightliner or any other? Also, is it better to have my MT LLC coach with hydro slide or electric, tpo roof or fiberglass? Should I ever level it with the wheels off the ground? (Fronts only - I am not that silly). I think that covers most of it.

[mike_brez]

Click For Full-Size Photo.

[RVpullinGuy]

So, after reading every post in this 7 page thread, what is better... gas or diesel? I'm researching to upgrade from my current bumper pull toy hauler.

[Skid_Row_Joe]

Executive wrote:
Remember too, the key words there are FULL TIMERS....full timers can, with certain caveats, dictate their intended State of Residency. The Feds, look to see where you bank, your DL, where you vote, and many other items to determine your intended State of Residency. If you only use the Montana LLC to avoid taxation, you could find yourself in a world of hurt...do your homework, follow all the instructions to a TEE, and you'll probably be ok. We chose South Dakota because it's RV friendly, low sales tax and no income tax. But we vote there, bank there, have Dls from there etc. even though we don't own property there....Dennis

This doesn't fit, Dennis. I've owned coaches for 27 years licensing them in up to (5) different states, owned property in several states, and no Feds looked at me, my DL, my banking, where I vote, etc.

You own property in AZ., IIRC, so how does that work? Seems to me that AZ. is your domicile state, and should be paying their state income tax - so why are you feigning SD with all your particular legals?

[Executive45]

Awww....beam me up now, Scotty...we are done here......:B.....Dennis

[Foodsman]

Hey Effy, mine was intended to be nothing more than good fun... Sorry you took it the wrong way!

[Effy]

Foodsman wrote:
Hey Effy,

Effy said: [COLOR=]"Ask about gas vs diesel next."

Well thanks a lot there your Effy-ness... I'm reminded of my first jump when the sergeant said "You do not need a parachute to make this jump. You only need a parachute to make the jump twice."!

Thanks Sarge oops, Effy, 🙂 My next post will be about something we can all agree on. Like who's smarter a man or a woman? 😄

Harry

Chill dude, I wasn't knockin on you. Just saying that the forum is full of heated discussions on certain topics . You sparked one off. We all have. Lighten up. It was sarcasm.

[st687]

Bill.Satellite wrote:
A post we can all agree on? Please let me know when you find a topic like that! 😛

When water gets to cold it will freeze, Oh I forgot we have Global Warming I think, or was I told this by POTUS.

[Two_Jayhawks]

Foodsman wrote:
Hi everyone,

I had no idea when I started this thread that the matter was so controversial, its almost as though everyone doesn't agree! 🙂 After re-reading all the posts I've learned one thing for a certainty "when in doubt, mumble"...;)

I just want to thank all of you for participating, it made for an interesting and lively debate!

Harry

I enjoyed your post and the rest of the thread as well. I don't care if a topic has been discussed before if we waited for virgin topics this site would would go away.

[Bill_Satellite]

A post we can all agree on? Please let me know when you find a topic like that! 😛

[Foodsman]

Hey Effy,

Effy said: [COLOR=]"Ask about gas vs diesel next."

Well thanks a lot there your Effy-ness... I'm reminded of my first jump when the sergeant said "You do not need a parachute to make this jump. You only need a parachute to make the jump twice."!

Thanks Sarge oops, Effy, 🙂 My next post will be about something we can all agree on. Like who's smarter a man or a woman? 😄

Harry