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

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  Subject Author Date Posted Forum
RE: Taxes/Registration

is Montana LLC still tax free registration?
philh 08/27/15 09:42am Beginning RVing
RE: Counting down and domicile questions

Jim covered most of the issues already and did a good job. Some caveats regarding SD, (I can't speak for Texas) SD does have a 'wheel tax' for many of it's counties. We use Americas Mailbox in Pennington County which has no tax. SD has no income tax and only a 3% sales tax. (important if you're buying a new rig for full timing). You already have a Montana LLC so you know the rules there, or you just haven't been caught yet...:W... Unless you're going to continue to work in your business you can choose your domicile State. That said, whatever state you choose, be sure to commit to that State. This means moving ALL your correspondence to that State...i.e. driver's license, registration, bank accounts voter registration etc. The IRS, which is the driving force looks at your "intent" in establishing residency. Just because your rig is reg in Montana does not make you a Montana resident. You establish your 'intent' by doing the aforementioned things. Finally, check your medical plans. If you're on medicare, often the level of coverage is dependent on where you live. Choose this wisely so you will have coverage if traveling in another state. Same deal with insurance on your rig. Only a handful of insurance companies will give you full timer coverage. Yes, you can get regular coverage but full timer coverage is like a homeowner's and car insurance policy. (covers you if someone gets hurt while visiting you and also covers other perils not covered with reg auto insurance)..good luck and safe travels...Dennis Thanks Dennis. If you recall from before they tossed me off IRV2 for being too political, the Illinois Revenuers did in fact bust my ass a few years ago. It cost me near $7000 in sales tax, and the Knight is currently registered, titled, and plated in Illinois. As we are quite pre-medicare, health insurance is a huge concern. We currently have a BCBS Illinois bronze 006 plan, $6k deductible, nationwide network, at my current estimate of income, and before the supreme court throws obamacare in the trash heap where it belongs, our premiums are eighteen dollar for a family of 4. I spoke to the full time RVers healthcare guru yesterday, he advised me to at least ride out 2015 the way things are...
JimM68 06/11/15 12:24pm Full-time RVing
RE: Counting down and domicile questions

Jim covered most of the issues already and did a good job. Some caveats regarding SD, (I can't speak for Texas) SD does have a 'wheel tax' for many of it's counties. We use Americas Mailbox in Pennington County which has no tax. SD has no income tax and only a 3% sales tax. (important if you're buying a new rig for full timing). You already have a Montana LLC so you know the rules there, or you just haven't been caught yet...:W... Unless you're going to continue to work in your business you can choose your domicile State. That said, whatever state you choose, be sure to commit to that State. This means moving ALL your correspondence to that State...i.e. driver's license, registration, bank accounts voter registration etc. The IRS, which is the driving force looks at your "intent" in establishing residency. Just because your rig is reg in Montana does not make you a Montana resident. You establish your 'intent' by doing the aforementioned things. Finally, check your medical plans. If you're on medicare, often the level of coverage is dependent on where you live. Choose this wisely so you will have coverage if traveling in another state. Same deal with insurance on your rig. Only a handful of insurance companies will give you full timer coverage. Yes, you can get regular coverage but full timer coverage is like a homeowner's and car insurance policy. (covers you if someone gets hurt while visiting you and also covers other perils not covered with reg auto insurance)..good luck and safe travels...Dennis
Executive 06/04/15 12:46pm Full-time RVing
Counting down and domicile questions

We have a solid contract on our house, and will be full time on July 24! (Yeah!!!) I have some serious wondering about this whole domicile question? I know that the most popular states are Texas, Florida, and South Dakota, but why? Info is hard to find, other than "we don't give legal advice" and (from Escapee's) "we now offer services in all three of those states, so send us money..." We are currently residents of Illinois. Our income tax rate is 3%, and it costs $100/year to renew the plates on our motorhome. My company is a Montana LLC. We have had a mail forwarding company in Montana for years, sending our personal mail there will cost me nothing. The company's physical Location will remain Illinois, and as long as that is true, we will have to file and pay personal taxes in Illinois. We do split the income between Illinois and Montana. Our current health plan (Illinois bcbs bronze 006) cost is very low and nationwide network. So my questions are: Do we have much to gain by moving out of Illinois? Why don't RVers domicile in Montana anymore? Is there anything to gain by "moving to Texas"? And what does mail forwarding have to do with any of this? When I go on Escapee's website, step one is "pick one of these three states" and step two is "send escapee's money for mail forwarding in your choice of those 3 states" What does mail forwarding have to do with domicile and address? (south Dakota will accept a campground receipt, no mention of where you get your mail...) Am I overcomplicating this? and please don't say "hire a lawyer", I'm one who believes that the world would be a better place if all lawyers (and politicians, who are all just failed lawyers anyway) had died on the Titanic.
JimM68 06/04/15 11:37am Full-time RVing
RE: Financing and Insurance for Montana LLC

I agree with westernrvparkowner. A Montana LLC will legally work in certain situations, and can save a coach owner a lot of money in taxes. However you do need to very careful. Hopefully you have gone over your particular situation in detail with your Montana attorney, but keep in mind, unless he is also licensed in CO, he cannot represent you in CO. The following article is quite a few years old, but I can't imagine Colorado is any less vigilant in their tax collection efforts. Colorado cracking down on illegal Montana LLCs
BobGed 05/23/15 11:26am Class A Motorhomes
RE: Financing and Insurance for Montana LLC

For insurance try Hi Sage. They are quite good and broker quite a few companies. For financing, you can work with the dealers finance officer who will have done this before. Alternatively Google RV finance and you will find several that broker institutions that are OK with Montana LLC. This is very common so there is a lot of experience out there...let google be your friend.
bluwtr49 05/23/15 10:11am Class A Motorhomes
RE: Financing and Insurance for Montana LLC

legally you have to license the RV in what ever state it is in, having a montana llc will not get you around that law, unless you already live in montanaA Montana LLC is setting up a company, based in Montana, to own the RV. It will be registered in Montana and you will have Montana license tags. IF (big if) you don't intend to take the RV back to your home state, it makes sense and can be morally justified. If you plan on living in Colorado, and parking it at your house for the 300 days a year you don't take trips in it, it is clearly a tax dodge and Colorado should and will come after you. The two most obvious instances where a LLC makes the most sense are full timers, with no ties to any particular state and those people who do not bring the RV to their home area. It will complicate the financing and insurance. Much higher risks for both.
westernrvparkowner 05/23/15 10:10am Class A Motorhomes
RE: Financing and Insurance for Montana LLC

legally you have to license the RV in what ever state it is in, having a montana llc will not get you around that law, unless you already live in montana Not totally correct. Most often you can not registrar it in the state of purchase unless it's your home state (where your DL is issued). Depending on the state of purchase, you may just need to have the dealer send all the paperwork to the Montana LLC attorney but it can still get a bit more complicated as to where delivery is taken. Chat with the prospective dealer as they will have a lot of experience in this matter and probably have already worked with your LLC attorney.
bluwtr49 05/23/15 09:42am Class A Motorhomes
RE: Financing and Insurance for Montana LLC

legally you have to license the RV in what ever state it is in, having a montana llc will not get you around that law, unless you already live in montana
Grandpere 05/23/15 08:18am Class A Motorhomes
Financing and Insurance for Montana LLC

Getting ready to pull the trigger on Montana LLC and new Winnebago. I've learned that insurance and financing are a bit tricky. In most states you can't write an insurance policy for a vehicle registered outside of that state. Financing is also limited as not every company will finance a vehicle in a LLC. And, does anyone know of finance company that goes further out than 20 years? Please share you're experience with company names and contact information. Would especially like to hear from those in Colorado.
Thunder Mountain 05/23/15 07:56am Class A Motorhomes
RE: Max4 class b rv possible scam

there would be no logical reason A Montana LLC can buy a motorhome with no sales taxes...and the plate is permanent so no yearly visit to DMV or inspection etc. So the owner can live and park the thing in any State...never ever even seeing MT. This is why many motorhomes have MT plates- a tax dodge. There are anumber of services which will walk your LLc paperwork through, and act as you agent supplying an address for Docs. I ran into a fella buying used motorcycle parts- his Prevost motorhome was purchased just that way- he saved enough ( he said) to cover a Harley FLHTK and a lift. That might explain any MT connection mikeThe sale can be conducted in any state in the Union. You don't have to buy it in Montana to register an RV to a Montana LLC. All you need is to file the proper paperwork to create that LLC. You don't even need an attorney to file those documents, but most people do hire an attorney familiar with the process to make things simple. A Montana LLC to register an RV and a company manufacturing and selling RVs have nothing in common.
westernrvparkowner 05/16/15 09:06pm Class B - Camping Van Conversions
RE: Max4 class b rv possible scam

there would be no logical reason A Montana LLC can buy a motorhome with no sales taxes...and the plate is permanent so no yearly visit to DMV or inspection etc. So the owner can live and park the thing in any State...never ever even seeing MT. This is why many motorhomes have MT plates- a tax dodge. There are anumber of services which will walk your LLc paperwork through, and act as you agent supplying an address for Docs. I ran into a fella buying used motorcycle parts- his Prevost motorhome was purchased just that way- he saved enough ( he said) to cover a Harley FLHTK and a lift. That might explain any MT connection mike
mkguitar 05/16/15 04:48pm Class B - Camping Van Conversions
RE: Montana LLC

The purpose of a Montana LLC is to avoid tax, commonly called tax evasion. Most states are well aware of this tax dodge and make you py accordingly. There is a dramatic difference between tax avoidance and tax evasion. One is legal the other is not. As the great Judge Learned Hand stated in 1934 when ruling in the Gregory v. Helvering case in an appeals court ruling which was later affirmed: "Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands." Most courts would agree that forming a business for the sole purpose of reducing taxes would not be a legitimate enterprise and doing so would be tax evasion, not tax avoidance.
accsys 05/06/15 09:01pm Full-time RVing
RE: Montana LLC

One reason for having a Montana LLC purchase and own aaa RV is to save the sales tax. Some states do not impose huge sales taxes so that mitigates some advantage. If you already purchased the vehicles, then there may not be any savings. Insuring and financing vehicles owned by a Montana LLC can be difficult. The purpose of a Montana LLC is to avoid tax, commonly called tax evasion. Most states are well aware of this tax dodge and make you py accordingly.
DownTheAvenue 05/06/15 07:49pm Full-time RVing
Montana LLC

We are starting to transition to full time and we just got a 5th wheel and new truck. Had someone tell us we could tag both the truck with a Montana LLC. I have no ideal how this is done. For now I would like to keep my Maryland driver license. Anyone know if this can be done
murphy38 05/06/15 06:03pm Full-time RVing
RE: clue me in

IF, the situation is as described, the purchaser intends to use the vehicle they are buying to facilitate leaving their current state I would have no issue with them setting up a Montana LLC and avoiding the payment of a substantial amount of sales tax to a state they will no longer live in. Likewise, I don't have a problem with people who use LLCs to register their RVs if those RVs never enter their state of residence, I.E. they live in New York, yet store the RV in Georgia for the Summer and use only in the South during the winter. In those types of situations, the rig never touches New York, so why would New York be entitled to any tax revenue? Montana LLCs are a tool for special circumstances and in my opinion the situation laid out by the OP meets those circumstances.
kcmoedoe 01/20/15 09:01am Beginning RVing
RE: clue me in

The Montana LLC situation arises when the LLC owner brings the RV into their domicile state for longer than that state's laws allow without registering it in that state. For example, if you register your RV via a Montana LLC and then bring it to your Massachusetts home to store it for the winter. If/when Mass. notices the Montana plates and that it has been there longer than the 30 day limit then they will investigate and cite you if warranted.
Dutch_12078 01/20/15 07:04am Beginning RVing
RE: Advice welcome for Newbie

Montana LLC 2009 LLC 2013 LLC Oct 2014 Llc? Seems there are a lot of abbreviations around here. Is there a place to learn them?LLC is not endemic to this place. Google it or click above.
2oldman 12/17/14 01:13pm Beginning RVing
RE: Montana LLC

Being a fulltimer allows you to pick and choose whichever state you desire. As others have said, South Dakota, Florida and Texas appear to be the states that most use. No problem with the Montana LLC if you use South Dakota according to what others have posted. Why would you even bother with a Montana LLC if you did a domicile in South Dakota? You would be a SD "resident" and thus I do not see any tax advantage to a MT LLC. Using the Montana LLC would save the sales tax on the purchase. Apparently South Dakota does not chase fulltimers who use the Montana LLC's which would free up the purchaser on the sales tax and any other charges that SD might levy but Montana doesn't. Also an LLC is not a bad idea from an asset protection standpoint. I believe in order to register you coach in South Dakota you must prove to the state you paid the sales tax when you bought the coach. At least I had to five years ago when I registered mine there. Then I guess I will never set up residence in SD. I bought my rigs right here in Montana, and no sales tax has ever been paid on any of them. If I want to get away from the Montana income tax, looks like I will have to move to Wyoming!
mowermech 11/19/14 06:33am Class A Motorhomes
RE: Montana LLC

Being a fulltimer allows you to pick and choose whichever state you desire. As others have said, South Dakota, Florida and Texas appear to be the states that most use. No problem with the Montana LLC if you use South Dakota according to what others have posted. Why would you even bother with a Montana LLC if you did a domicile in South Dakota? You would be a SD "resident" and thus I do not see any tax advantage to a MT LLC. Using the Montana LLC would save the sales tax on the purchase. Apparently South Dakota does not chase fulltimers who use the Montana LLC's which would free up the purchaser on the sales tax and any other charges that SD might levy but Montana doesn't. Also an LLC is not a bad idea from an asset protection standpoint. I belive in order to register you coach in South Dakota you must prove to the state you paid the sales tax when you bought the coach. At least I had to five years ago when I registered mine there.
11B 11/18/14 08:39pm Class A Motorhomes
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