03Ultra
Central Massachusetts
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In Massachusetts, you can have an RV registered to a foreign LLC, but if it is garaged here you are subject to excise taxes. You are not subject to sales taxes.
The excise tax is 2 1/2 percent of the wholesale value of the unit. It is a local tax and if you have a registered vehicle of any type registered anywhere that is principally garaged in your yard, you owe the local government the excise tax.
You declare where the vehicle is garaged on your insurance. Your rates are determined by where the vehicle is garaged. If you lie about the garage location you give the insurance company an out if your rig is stolen from your yard but you claimed it was garaged in Montana.
The LLC only exempts you from sales tax, registration fees and vehicle inspections.
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JohnnyT
Goshen New York
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Moderators Note;
The subject of a Montana LLC is a frequent topic on this forum.
If you are considering an LLC to reduce your potential Tax liability.. Talk to your accountant and your personal Lawyer. There is a lot of misinformation posted by those that advocate and by those that warn and those that condemn...
Lets move on since those that advocate, those that warn, and those have already necessitated moderator intervention to keep the discussion civil and constructive.
The previous post had nothing to do with my post or closing this thread...
JohnnyT Moderator
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mmganga
Michigan
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Hello all -- quick question regarding MT LLC and MH insurance.
It looks like some companies want a personal (i.e. non-commercial) insurance on the MH with the LLC as an added beneficiary/insured on the policy. In this case, it looks like the owners' names, as well as the LLC would be on the insurance.
If stopped in the state of residence, the registration would be in the MT LLC name but the insurance would be in the in-state resident&MT LLC name -- would this create an issue?
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mmganga
Michigan
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Yes but here's the point...if you drive in your home state with MT plates and MT insurance for the vehicle only (in the LLC name) then when stopped there's less explaining to do -- you could be borrowing the MH from your family member who lives there, or renting it from a company/etc.
However, if you have insurance in *your* name and yet the MH is registered out of state I'm sure it would raise a few flags...
Get my point?
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tatest
Oklahoma Green Country
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mmganga wrote:Hello all -- quick question regarding MT LLC and MH insurance.
It looks like some companies want a personal (i.e. non-commercial) insurance on the MH with the LLC as an added beneficiary/insured on the policy. In this case, it looks like the owners' names, as well as the LLC would be on the insurance.
If stopped in the state of residence, the registration would be in the MT LLC name but the insurance would be in the in-state resident&MT LLC name -- would this create an issue?
Talk to your insurance company, if it is licensed to do business in both states. Or talk to another company accustomed to dealing with the issue, if your insurer is not appropriately licensed. The answer will depend on the pair of states involved. It is most often a problem when one state is "no-fault" and the other requires liability coverage or a financial responsibility bond.
While I was in military service, vehicle licensing vs. residency issues were covered by the soldier's and sailor's relief act, but did not exempt me from either state's financial responsibility laws. The situation came up again later when my daughter went to school out of state.
Starting with my second duty location, I kept my vehicles registered in Michigan (home state for SSRA purposes) but Michigan's "no-fault" insurance was not always satisfactory for the garaged location. My carrier (USAA, accustomed to dealing with these issues) would write a multi-state policy with liability (and no-fault) to meet both state's financial responsibility laws, with casualty insurance based on where the vehicle was garaged. I got "proof of insurance" certificates to show in each state.
When my daughter went to school in Illinois, changing the garaged location to out of state, I again had to have a multi-state policy, on her vehicle only.
Tom Test
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Skid Row Joe
Texas and on-the-road
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Joined: 04/26/2006
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Deetour wrote:We've had our coach registered in a MT LLC for years along with two other vehicles. Absolutely no problems. As the fire buddy says, get it done right and don't listen to the naysayers who only repeat incorrect information.
I never could figure out why some people can't grasp the concept that others may own more than one home or have businesses in more than one state..... OR resent those that do. I decided not to do any LLC when I compared the annual and set-up costs of one. I have registered my RVs in various states for 25 years now, and there's no need to go to the expense of separate and likely higher annual bookeeping and insuring, when all you need are state specific license plates. I do business all over the country, and travelling to set up the necessary addressing has not been too difficult for me.
“I want to die in my sleep like my Grandfather... Not screaming and yelling like the passengers in his car.”
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randallb
On the road
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This is one of those discussions that bounces between "intent of the law" and "letter or judicial interpretation of the law". By which approach you take to this discussion I can accurately predict how you vote.
Randy
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jetboater454
Camping or home
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Joined: 07/21/2009
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Just wondering with all the talk of the time limits of being in a state with out of state plates on the vehicle,how does that work for the rental car companies? I've seen just about every state plate in some rental yards.I don't think they pay property taxes on the out of state plated cars.
"If momma not happy  ....Who cares.I have my TH AND my toys  .
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Scottiemom
South Dakota/Indiana
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Joined: 09/09/2003
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It's not just the LLC's Minnesota is going after. We have friends who full time and are former residents of Minnesota. They have been notified they are being investigated and the state is attempting to collect fees and penalties from them to the tune of $56,000. They sold their home there and have no ties of their own to the state anymore but Minnesota says they have not proven they "left" the state.
They were back last summer to put his elderly mother in a nursing home. Apparently their rig was spotted at a campground with SD plates and so they were investigated. When it was discovered they had once lived in Minnesota, they were targeted. This nightmare is not yet resolved for them.
Personally I don't see how the state has anything on them. But they have had to hire an attorney.
Dale
Dale Pace
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msmith1199
Central, CA
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rvrepairnut wrote:If you drive a Montana LLC registered M/H in california and use a California DL you will have your rig seized and you will be fined.Thats a fact cause it almost happened this fall to a friend of mine except he was snart enough to have a ca and a mt DL
Smart enough to have a California and a Montana DL and that got him out of it? But that's illegal in California too so how exactly did that help him?
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