Montana Llc Rv

Let your montana llc buy it.

Montana llc rv.

Many rv buyers make this work by establishing an llc in montana and registering their rv as a business vehicle. The scam works like this. You can setup an llc in montana and avoid georgia sales taxes. You hire a montana law firm to form a corporation or limited liability company llc for you.

You can enjoy a tax free rv or motorhome purchase immediately saving you thousands of dollars. So let s say that you are a georgia resident that wants to buy a really expensive rv. This misconception that this will either always work for someone or that it will never work for anyone is at the heart of much of the miss information out there. We recommend using a lender designated attorney for proper guidance.

Most people go through a law office in order to do this. But it s not without risk. Ask for free rv financing or rv insurance quote now. So you can set up an llc in montana and purchase the motorhome in the name of the montana llc and register it in montana thereby avoiding paying sales tax in your state of residency.

Depending on your state s sales tax rate you can legally save 25 000 or more on your purchase. You won t need to be a resident or have a montana driver s license. And there is a lot of misinformation out there. Your exotic or expensive car or rv is purchased by.

With all tax issues it s crucial that rv owners find good legal counsel to help them make the right decision. 2020 newell coach p50. The strategy of establishing a montana llc to take title to an rv in order to make a legal tax free registration of the rv in montana in order to avoid another state s sales or use tax isn t for everyone. Forming a montana llc to own vehicles or any kind of personal property is nothing different than the local handyman pulling up to your home in a work vehicle owned by handyman s service llc and pulling a trailer with tools in it that are all owned by the handyman s llc.

Montana llc form an llc in montana. Montana is one of a few states with no sales tax with a properly set up montana llc. You own the llc outright. A montana llc is considered a montana resident and like any other resident of montana won t pay a sales tax on any purchase.

But then you are in violation of georgia law about registering your rv and paying the ad valorem tax. You don t buy the motor home your llc does. Motorhome financing and motorhome insurance from destination financial. Now few topics in the rv world generate more discussion and heated debate than this one.

A montana llc is no different than any regular business or corporation.