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 > Your search for 'Montana llc' found 60 matches.

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  Subject Author Date Posted Forum
RE: Montana LLC

Whenever the discussion comes to the Montana LLC there are always those that say that it is immoral or unethical and those that say it is legal and, therefore, totally within the realm of morality and ethics. We have used the argument that most all of us will use the law to our benefit and we take those deductions that the law allows us. I know of no one who sends in their income taxes with an extra $100 or so to help cover the cost of parks or roads or education or whatever else you may desire yet many are criticized for using something that is legal to reduce their own tax burden. When I bought my rig I looked at the laws of NY and said that I can't comply so I didn't do it. If I had felt that I could comply and that I could prove my compliance then I might have gone that route. Would that be immoral? I don't think that it would be because I have complied with the laws of my state. There is nothing that forces anyone to use the Montana LLC just like there is nothing that forces anyone to drive 75 in a 65. What is your comfort level? Are you comfortable using this method? Perhaps one of the most important considerations is if you are challenged how much are you willing to spend to justify your position? I have one residency audit going on right now that is in its third year. The audits are so ludicrous that the state is saying that any day my client doesn't have a charge on his credit card from his home state of Florida is a day he was a NY resident. Residency audits are tough and the burden of proof is on the taxpayer so it can be a situation where you are right but proving it can be costly. Is that worth the risk? All of these are personal decisions and it's up to the individual to decide.
wnytaxman 10/15/14 03:04pm Class A Motorhomes
RE: Montana LLC

So many get all wrapped up into the fact that it is legal, because many states are just catching up to the loop hole, not seen. Fine. OK. So it is legal to avoid taxes and a Montana LLC may be a mechanism to do that. And many promote not paying one more penny in taxes than necessary. Got it. Now look at yourself as a part of a community. Now there is another side of that penny. It is called tax burden redistribution. Communities, city, county, state and fed, all rely on taxes as income to support community needs/projects. What is that balance and how big the government is. I for one like small government but even with small government, we rely on the governoing agencies to maintain our community assets, like parks and roads. Now let's also assume that everyone buys everything through a Montana LLC (why should it be limited to RV. Seems that local storeds would be out of business and the roads would not get repaired. Yeah. I know that that is over kill for this scenario. I'll get back on target. Where does the state get revenue it lost through this Montana LLC that was set up solely for the purpose of avoiding that tax. Why they up MY property or sales tax and in some states income tax. That means that the $12000 (more or less) sales tax burden that you avoided gets passed to all. Seems fair to me. I don't mind paying for what you avoided. Now, those that look down on those that report possible "tax avoiders" might think that turning you in is fair. After all, you started it by avoidng your taxes, though legally, and passing on a tax increase to us. I suggest that, like others have stated, if you do not like your tax structure, find a different place to live. Maybe an island unto yourself so you won't have a governing body and communal needs. In economics, there is more than the tax the was not paid. There is how the government needs to get the needed funds. Just because you can, does not mean you should.
Kiwi_too 10/15/14 02:38pm Class A Motorhomes
RE: Montana LLC

Just a bunch of Elcheapo people who do that. Bet you'd ***** if they cut down on the police answering calls and charged you $1000.00 a year for ambulance and fire dept. It's called fraud and it's also Insurance fraud and is a federal crime so if convicted you can loose you right to vote, carry weapons and do a lot of time in jail. If I saw you do it I'd probably ask the government if they knew but wouldn't tell. Here's news also. I owned a trucking business and know all the ins and outs of LLC and you'd better be legal if something happens. The use of a Montana LLC would in no way be any kind of a federal crime so I'm not sure where this post is coming from. Using the Montana LLC to evade sales tax could be a state tax crime, but there would be no federal issues. The one huge point that I would agree wholeheartedly with the poster is that if you use an LLC for either asset protection or as a tax use be sure you dot your I's and cross your T's because if you don't the asset protection facet and tax savings aspect of the LLC could be lost quite quickly.
wnytaxman 10/15/14 06:48am Class A Motorhomes
RE: Montana LLC

My wife and I are getting ready to pull the trigger on our first A. We live in CA. I have looked at various options to limit my tax liability in CA, and have had a meeting with my accountant about the issue. Here is the bottom line. I am happy to pay my fair share of taxes. The problem is that that "fair share" has gotten so high many people (like me) explore legal alternatives to limit that tax liability. Simply put, I pay a ton in taxes and am still in CA because I am still working. In the end, I suspect I will just take the dive and write one more big check to the big spenders in Sacramento. California has tightened up on the laws and if you live here and have a California DL it is very difficult to legally avoid the taxes. California has closed all the loopholes. It is virtually impossible to have a MT LLC, live in Cali and be legal. I was referring to more than just the Montana LLC as I don't believe it has been legal in California for a long time. That is unless you kept the motorhome out of California, but most people weren't doing that. The sales tax avoidance can still be done but they increased the time that the RV must be out of the state. I think it's a year now.
msmith1199 10/14/14 09:13pm Class A Motorhomes
RE: Montana LLC

Montana LLC 2009 LLC 2013
2oldman 10/14/14 07:17am Class A Motorhomes
RE: Montana LLC

Can someone who has set up a Montana LLC recommend a law firm that they would recommend? Thanks. Just curious about why you need an LLC.
Effy 10/14/14 06:34am Class A Motorhomes
RE: Montana LLC

Its not that the Montana LLC thing is illegal the real problem is neighbors turning in neighbors, states are hurting for money and they know the Montana LLC loop hole to save RV buyers thousands in tax and DMV fees, however your state can go after you if they find out you have out of state plates, trust me on this, don't do the Montana LLC if you still have a house and park the RV there, only do this if your a full timer.. And to add to this my neighbor next door is doing the Montana LLC to avoid Nevada tax as I type this, he just payed cash for a 2008 Fleetwood Southwind but wants to avoid Nevada tax and DMV fees, he is safe with regards to me but I don't know about the people across the street, the lady is retired from the Fed nark unit, I see trouble for him down the road..
timmac 10/13/14 07:33pm Class A Motorhomes
RE: Montana LLC

A Montana LLC is a totally legal entity but IMHO it is best suited for use by full-timers who don't spend much, if any, time in the state where they are domiciled. Contrary to much of what you read on this and other forums, you can have a domicile in one state and have vehicles registered in another one. Problems arise, however, if you register a vehicle in one state but park it in your domicile state in excess of the number of days specified by that state's laws. In other words, you can't register a vehicle in Montana but keep it at your home in another state. That state will be justly upset by that and will probably go after you for all sorts of tax evasion. However, if you are, for example, a South Dakota full-time RV resident and your Montana vehicles spend little, if any, time in SD then you aren't breaking SD law and your MT LLC will have fulfilled its purpose.
docj 10/13/14 06:38pm Class A Motorhomes
RE: Montana LLC

Ahh, the proverbial Montana LLC. Before you jump into the Montana LLC pond, you may want to do a lot of research on the subject. The Montana law firm that will set up your LLC will be very helpful in setting it up and then, when you have a problem, they will tell you they are not licensed in your state. So many people think that just setting up the Montana LLC and buying an RV is just a simple way to save tons of sales taxes, and in your case in Virginia, personal property taxes. It is not that simple and I would strongly suggest you research the laws of the state of Virginia and find out whether or not you can comply with your state's residency laws and whether or not you can document your compliance. If you can, then go for it. If you can't then just pay the taxes and sleep well at night.
wnytaxman 10/13/14 03:07pm Class A Motorhomes
Montana LLC

Can someone who has set up a Montana LLC recommend a law firm that they would recommend? Thanks.
vjstangelo 10/13/14 02:40pm Class A Motorhomes
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
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