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 > Your search for 'Montana llc' found 50 matches.

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  Subject Author Date Posted Forum
RE: the new texas safety inspection

Avoid it all, Montana LLC might work for you.
Valkyriebush 09/28/14 08:01am Snowbirds
RE: Florida cracking down on out of State plates ?

Seems every state but Montana is. Many states have a rule that when you move into the state you are to re-place your out of state registration with an in-state ASAP.. Most states give you a short period of time to do that. I know Michigan State Police have written "Fail to update residence" tickets and we are not even going (far as I know) after Montana LLC folks.. These are just people who come have jobs and homes in Mi but are still registered out of state. Other states have often done this too... There are reasons I do not wish to move to Flordia.. This, strangely is NOT one of them.
wa8yxm 08/30/14 02:27pm Class A Motorhomes
RE: 10 yerar permit & US registration tags, RV staying in Mexico

You can leave the unit in Mexico but where would you leave it? The sun and humidity will rot that baby quickly. Even the foam in the seats will crumble. Ours is kept indoors and is fine. Your batteries will boil and die. What are you driving? As long as it is not conspicuous where it is stored you will not have a problem with Mexico. I cannot speak for the various states but a Montana LLC would work. No inspection and you don't need a Montana DL. Outdoor storage is not a good option in Mexico.
moisheh 08/17/14 03:10pm RVing in Mexico and South America
RE: My motor home LLC

It's a Montana LLC , it's worked well for us over the last several years.
rjsupersonic 07/27/14 12:37pm Good Sam Extended Service Plan
RE: My motor home LLC

Valkyriebush, Curious.... Is yours a Montana LLC or a different state or type of LLC?
Rollnhome 07/27/14 11:00am Good Sam Extended Service Plan
RE: Best state to register a Class A RV in?

If your rig is 11 years old or older, you can license it in Montana PERMANENTLY. You will never have to renew the registration for as long as you own the rig. The cost? About $250. YES, you CAN legally establish a Montana LLC to own your rig. In fact, it is very likely you can do the same thing in many other states! However, you absolutely MUST know the laws of your home state, and you MUST comply with those laws TO THE LETTER! If that means you can never bring your rig "home", so be it, do NOT bring it home, EVER! KNOW the applicable laws, COMPLY with the laws completely, and DOCUMENT your compliance!
mowermech 07/21/14 11:37am Class A Motorhomes
RE: Best state to register a Class A RV in?

There are basically two states to register your RV in 1: Your state of residence, that is the state that issued your driver's license. 2: The criminal state (All other states) Many people have done the Montana LLC bit to register an RV, a number of states are not prosecuting when they find out you have cheated them out of their tax dollars. I know Colorado, California and one other state (Forget which) have prosecuted, and Michigan has considered it, but I do not know their decision. As governments run out of borrowing power.. Catching tax cheats is becoming more an dmore popular.
wa8yxm 07/21/14 10:32am Class A Motorhomes
RE: Can I get an apartment too?

I don't think that article applies to me. I am not an Iowa resident using a company to hide my RV. I'm a South Dakota resident that needs a place to crash in Iowa a few weeks or at most a couple months out of the year. The thing you have to be aware of is how Iowa defines "resident" for licencing purposes. Looks like there's a ninety day and you're an Iowan rule. The language in the law about "shell companies" is actually aimed specifically at those Montana LLC's that so many folks are using. South Dakota's paperwork is different I think. It sounds like you travel out of State so you're probably not in Iowa for ninety days at a time- seems like you'd be O.K. Folks must have "vacation homes" there, right?
Francesca Knowles 07/15/14 06:08pm Full-time RVing
RE: Anyone fulltime in Missouri?

Pick either South Dakota or Texas. If you are a full timer with no legal resident in Missouri, why try to keep it? We have SD domicle (driver license), Montana LLC for Rig and Jeep, our Mailing address is in Oswego, IL (Susan's Daughter). Doing it this way, we do not pay the $$ to have mail sent to us by our Mail Service in Box Elder, SD. Susan and Dana talk over what it is the mail, if important, she will scan it and email it to us. Everything else is online anyway. Do it the easy way We are still working full time, and MO considers us residents because we have jobs here, and spend more than 181 days in the state. I was planning on using SD as domicile, and pay state income tax in MO, but they also say that you MUST register your vehicles here if you are a "resident", but make no provision for having no permanent address. We plan to use several different campgrounds around, not just one place. I guess I need a lawyer to stay legal.
fulltime5er 07/11/14 05:11pm Full-time RVing
RE: Anyone fulltime in Missouri?

Pick either South Dakota or Texas. If you are a full timer with no legal resident in Missouri, why try to keep it? We have SD domicle (driver license), Montana LLC for Rig and Jeep, our Mailing address is in Oswego, IL (Susan's Daughter). Doing it this way, we do not pay the $$ to have mail sent to us by our Mail Service in Box Elder, SD. Susan and Dana talk over what it is the mail, if important, she will scan it and email it to us. Everything else is online anyway. Do it the easy way
gatorcq 07/11/14 04:51pm Full-time RVing
Full Timing as of tomorrow at 10:00 am!!!

Well the day has arrived that we will actually be fulltimers. We close on our stick house tomorrow at 10:00 am. As we have lived in Florida we have been fortunate enough over the years to travel all summer in the motorhome so we are not strangers to spending four to five months of the year in the motorhome. But with the sale of the house things will become a little different, no "home" to come home to. We will continue to spend winter in Florida, we will just resident in the motorhome. But being full time does bring up some questions that were not important before, but not seem more meaningful. Any help with the following from the years of experience out there would be helpful. Just a quick side note, we are traveling out west at the moment, motorhome is sitting in Hood River,OR. Got call all cash buyer, full price, had to leave our trip, fly home and clean out house, rent storage units, hire packers, movers, dump runs all in less than a week over a holiday weekend, been a little busy but got it all done and headed to Hood River from Tampa tomorrow at 4 to reunite with our HOME. Questions: 1: Should I change my insurance policy to let them know we are now full time? I have always had full coverage, does anything change? Is it more or less expensive if you are full time? 2: P O Box is taken care of as family will pick up mail and forward to where ever we happen to need it, most stuff is e mail anyway so not really worried about mail. BUT, what about physical address for passport, investment accounts, bank accounts, all of these items say they required a physical address, how is that handled? 3:State of Residency, at moment we are Florida residents and probably will be this year. But since we are out west would it make sense to become a South Dakota or Montana resident if we decide to upgrade and purchase a new motorhome, Florida sales tax is 6%. Even the purchase of a new car could be $1,500 savings. I know a lot of people have Montana LLC, but they have a 1/2% fee of the value of the motorhome each year, cost of insurance more because of being inside a "business" instead of personal? Any experience with state of residence would be most grateful, and yes I will do search engine and see what I find, but always fun to see the responses. 4: Any other useful info that I forgot, which probably covers a lot, but don't forget we are used to traveling in the motorhome for long periods of time so living conditions, parks, traveling, maintenance, etc. pretty used too, it is just the unknown of the full time differences. ARE YOU READY FOR SOME FULL TIMING!!!!!!!! Thanks everyone
raymondfl 07/06/14 07:42pm Class A Motorhomes
RE: Motorhome Depreciation

Harry, I've read most of your posts over the last two months and I get mixed messages. You would consider a used Prevost but you are concerned in this post about depreciation??? Over 40' DP's are not a cheap sport BUT they are the nicest way to go down the road and make great boondocking machines BUT most owners do not want less than 50 amp FHU's every night. While I highly recommend getting "educated" It's hard to make the number's work for owning an expensive DP especially if you are on a budget. Some days I do not think you are and others I do??? Some brands have been around longer than others (including bankruptcies) and as such have more clubs that you can belong to. We are currently on a Monaco in Motion caravan in the Canadian Rockies led by a fellow member for VERY LITTLE COMPENSATION. 20 days of letting someone else plan what we will do and while this is NOT the norm for us... we are doing many things we would not normally do. Next month we are going to a pre rally to the FMCA western rally in Redmond OR and at it the "bankrupt" Monaco will fix two items for free plus parts. Fortunately I'm having a hard time coming up with two items. My point is there is more to this than depreciation, interest rates, Montana LLC, or Fair Market valus. At some point you have to decide to "JUST DO IT" but if you spent a lot of money and find it's not for the DW (or you) then you are going to have a big money hit. Rarely are we lucky enough to buy our last coach first so my suggestion is to buy something used in the $100K to $150K range and see how it goes. While hopefully it will not be your last coach, you will not be hurt too much if this adventure does not work out. Good luck in your search. Why don't you go visit motorhome dealers, units for sale by owner, actually shop for the unit you might buy. By looking at your posts, you are looking for friendship, not the camping experience.
vegasfoodguy 07/01/14 05:27pm Class A Motorhomes
RE: Motorhome Depreciation

Harry, I've read most of your posts over the last two months and I get mixed messages. You would consider a used Prevost but you are concerned in this post about depreciation??? Over 40' DP's are not a cheap sport BUT they are the nicest way to go down the road and make great boondocking machines BUT most owners do not want less than 50 amp FHU's every night. While I highly recommend getting "educated" It's hard to make the number's work for owning an expensive DP especially if you are on a budget. Some days I do not think you are and others I do??? Some brands have been around longer than others (including bankruptcies) and as such have more clubs that you can belong to. We are currently on a Monaco in Motion caravan in the Canadian Rockies led by a fellow member for VERY LITTLE COMPENSATION. 20 days of letting someone else plan what we will do and while this is NOT the norm for us... we are doing many things we would not normally do. Next month we are going to a pre rally to the FMCA western rally in Redmond OR and at it the "bankrupt" Monaco will fix two items for free plus parts. Fortunately I'm having a hard time coming up with two items. My point is there is more to this than depreciation, interest rates, Montana LLC, or Fair Market valus. At some point you have to decide to "JUST DO IT" but if you spent a lot of money and find it's not for the DW (or you) then you are going to have a big money hit. Rarely are we lucky enough to buy our last coach first so my suggestion is to buy something used in the $100K to $150K range and see how it goes. While hopefully it will not be your last coach, you will not be hurt too much if this adventure does not work out. Good luck in your search.
Ivylog 07/01/14 03:25pm Class A Motorhomes
RE: Montana LLC Re-Visited

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?
Skid Row Joe 05/29/14 11:05pm Class A Motorhomes
RE: Montana LLC Re-Visited

Tropical, where the legality line gets crossed is when someone crosses the line that separates residents from non-residents. For example, many states require a vehicle that has come into their state to be licensed in the new state within 30 days. So the owner of the Montana LLC brings his RV into NY, for example, and leaves it here for more than 30 consecutive days. NY now comes knocking on his door and requests that he license the vehicle in NY. Now because the owners of the LLC are NY residents the state will require them to pay the difference between the sales tax they paid when they bought the rig to what NYS would have charged them. In this case, they paid no sales tax so they would owe the state the full amount plus penalties and interest if they were intentionally evading the sales tax. That's in a nutshell is how it works. Many an owner of a Montana LLC has had to pay their respective state a lot of sales tax, penalty and interest.
wnytaxman 05/29/14 12:37pm Class A Motorhomes
RE: Montana LLC Re-Visited

Thanks Effy that we are on the same page. From a bank perspective they usually will not have any issues with an LLC owning something like an RV if there is a personal guarantee attached to it. You are correct that some banks just don't understand the concept of the LLC, even though they've been around for about 25 years, and they do not like to lend to an LLC. Is using a Montana LLC a tax dodge? That seems to be the telling question. The answer is, it depends. If someone is complying with the laws of their resident state and they can prove their compliance, then my response would be no, it is not a tax dodge, but simply complying with the laws of the resident state. If, however, there is not compliance with the laws of the resident state, then yes, it is a tax dodge. If someone gets caught using the Montana LLC illegally they will pay the tax and penalties and interest. Yes, one of my clients got caught with his Montana LLC and he paid the price. And no I did not tell him to use the Montana LLC. I advised him just the opposite. Obviously the reasons behind most who title their coach in Montana with an LLC are doing so with the purpose of invading taxes, but still if they indeed own this LLC Co. and the coach belongs to this company, how can it be illegal, no matter where the coach travels to or even if the company owners live in another state? I don't think it's a requirement for a company's owner to be a resident of the state where the company itself is located, but I don't profess to know it all, either.
tropical36 05/29/14 12:25pm Class A Motorhomes
RE: Montana LLC Re-Visited

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 When we registered our vehicles in FL and declared domicile many years ago, we only paid an impact fee in the form of getting a new plate.... FL now These fees had been jacked up to over $400 previously and for a time, but with so many complaints it was lowered to something like $150 by the time we got here.
tropical36 05/29/14 12:11pm Class A Motorhomes
RE: Montana LLC Re-Visited

Thanks Effy that we are on the same page. From a bank perspective they usually will not have any issues with an LLC owning something like an RV if there is a personal guarantee attached to it. You are correct that some banks just don't understand the concept of the LLC, even though they've been around for about 25 years, and they do not like to lend to an LLC. Is using a Montana LLC a tax dodge? That seems to be the telling question. The answer is, it depends. If someone is complying with the laws of their resident state and they can prove their compliance, then my response would be no, it is not a tax dodge, but simply complying with the laws of the resident state. If, however, there is not compliance with the laws of the resident state, then yes, it is a tax dodge. If someone gets caught using the Montana LLC illegally they will pay the tax and penalties and interest. Yes, one of my clients got caught with his Montana LLC and he paid the price. And no I did not tell him to use the Montana LLC. I advised him just the opposite.
wnytaxman 05/29/14 11:45am Class A Motorhomes
RE: Montana LLC Re-Visited

I remember reading on the forums here of a fella that got in trouble using the Montana LLC.
mike brez 05/29/14 11:31am Class A Motorhomes
RE: Montana LLC Re-Visited

Effy, I think the difference in our opinions about an LLC is in the semantics. Yes, an LLC can be used for business purposes but it can also be used for non-business purposes. I think you are taking the tact that the LLC MUST be used only in a business context and that is not the sole purpose of the LLC. The example of John Travolta's plane is the perfect example of using an LLC for non-business purposes. As to the moral issue of not paying sales taxes when they are not owed, let's take a different approach. I think all of us would agree that Veteran's benefits should not be taxable. That being said, does anyone intentionally pay taxes on those benefits when no tax is owed? No one that I know does that and I certainly wouldn't expect anyone to pay taxes they don't owe. My comment about buying a motorhome in another state through a Montana LLC and not paying NYS sales tax has to do with the unit not being "in service" in NY State. For example, if I have a summer home in Montana and I buy a car there and do not bring it into NY then there is no NY tax owed. If, however, I bring that car into NY and go to license it here, then I would owe the tax. I see this all the time with the snowbirds who buy cars in Florida and leave them there for the summer. They paid Florida sales tax because the vehicle is licensed and used in Florida but not NY tax even though they are legal residents of NY.
wnytaxman 05/29/14 07:10am Class A Motorhomes
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