Montana LLC's

[Timia]

Hello there,

We met you in Indio a while back. We are just about to cross the border with Canada from Wisconsin and are heading back to Anchorage. I just registered our coach in Alaska and paid around $800.00 or so. Did I miss something or do it the wrong way? We have had a nice time in the lower 48 and are now heading back to fish PWS for the summer. Hope you have happy trails.

Tim and Mia
1999 Marathon XL 40

[HarborBus]

Wow Tim, this is your first post to the asylum. Let me be the first to officially welcome you. I know you have been hanging out so I'm glad to see you finally jumped in. So your headed home, did Beaumont get you bus put right? You guys have a safe trip.

[James]

Hello there,

I just registered our coach in Alaska and paid around $800.00 or so.
Tim and Mia
1999 Marathon XL 40

Hi Tim,

We registered ours in Eagle River and paid $134.00. Our previous one, a 2005 CC was $203.00. Don't know why you're having to pay $800.00.

We'll be hanging out at the Marathon place for the next couple of weeks and will be following in your tracks on the way to Anchorage. Let me know how the road is this year.

[Jim Skiff]

Article about a Colorado RV Owners: http://www.fmca.com/index.php/motorh...to-tax-evasion

[ToyMan]

Yesterday I registered my bus in Florida where I reside. Total cost was $151. I will explain.

When I acquired the bus, I did not buy it outright. I bought the seller's Montana LLC. So I was the owner of the LLC and all of it's assets which included the bus.

I then held a "member" meeting and voted to dissolve the LLC. My registered agent submitted the LLC "Minutes of the meeting" to the Secretary of State of Montana and the request to dissolve was granted.

Now I had a Montana title in hand as well as the letter from the Secretary of State declaring that the LLC was dissolved.

I then took the Montana title, meeting Minutes, and the dissolution letter to my county tag agency. I also took a license tag that had come off of my previous motor home. Although the tag had expired, Florida law allows me to re-instate the tag so I would not have to pay the "impact fee" which, I believe, is $250.

Why no sales tax? Well, Florida has a "Procedure # TL-08", subject "Sales and use tax -- Transfer of motor vehicles and mobile homes". Within that procedure is is a list of situations that are EXEMPT from sales tax.

More specifically, Section C, item 7 which states "Transfer of certificate of title by a dissolved corporation to one of it's stockholders as part of the stockholder's ratable portion of the corporations assets. It does not constitute a sale of a motor vehicle to the stockholder."

This procedure falls under Florida Administrative Rule § 12A-1.007 (25)(a)

http://www3.flhsmv.gov/dmv/Proc/TL/TL-08.PDF

Below is an excerpt from the rule:

C. THE FOLLOWING SITUATIONS ARE EXEMPT FROM SALES TAX:

1. Even trade of another motor vehicle, mobile home or vessel.
2. Trade down.
3. Divorce, a copy of the Divorce Decree must be submitted with the application for certificate of title.
4. Inheritance.
5. Gift (No lien assumed).
6. Transfer of a certificate of title from a partnership to one of the partners as part of the final dissolution of the partnership.
7. Transfer of certificate of title by a dissolved corporation to one of its stockholders as part of the stockholder's ratable portion of the corporation's assets. It does not constitute a sale of a motor vehicle or vessel by the dissolved corporation to the stockholder.
8. When a Florida licensed motor vehicle dealer or a vessel dealer applies for a Florida Certificate of Title in the dealership’s name with or without a lien and the motor vehicle or vessel is being held in inventory for sale in the regular course of business, or is being operated in connection with such dealer’s business with a dealer’s license plate pursuant to section 320.13, Florida Statutes, if applicable.
9. Transfer of a certificate of title into the name of the surviving corporation by reason of corporate consolidation or merger in accordance with Chapters 607 or 617, Florida Statutes, or a reorganization as defined in Section 368(a)(1), of the Internal Revenue Code, solely in exchange of stock.

[Jon Wehrenberg]

Ron. you should go to the legislator that created that regulation that allowed you to own a former corporate asset (as a private individual) with no tax consequences and kiss him on the lips. I don't know of another state that would be so generous.

[ToyMan]

Jon,

Some other states might have the same law. The Florida rule is certainly buried in a menagerie of laws.

It probably would be difficult finding someone to own up to this rule.

[Gary Carmichael]

N.C. is not bad 1500.00 max tax on purchase price, and the vehicle tax each year is very small they refer to all motorhomes and coaches as house cars. also in checking on drivers liscence a class c is all that is required for private ownership, of course it depends on who you are talking to with the state