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Posted on 2/18/13 at 11:18 pm to rpg005
Is that why I see so many RV's with MT plates? I assumed they had some vehicle registration loophole.
Posted on 2/19/13 at 5:48 am to rpg005
quote:
Set up LLC in montana. There is an attorney up there that will do this. No sales tax ever on any vehicle you purchase. Plus you don't have to get an inspection sticker.
Can you elaborate more on this? How does this impact existing auto insurance (assuming I purchased a new vehicle)?
What can Louisiana do to prevent or find out about this?
This post was edited on 2/19/13 at 5:48 am
Posted on 2/19/13 at 5:56 am to rpg005
quote:
All sales-tax states will do that, so you would still end up paying sales tax if you changed residence states too quickly. What is different among the states is how long you have to have the RV registered in the no-sales-tax state before the new state no longer asks you to pay their use tax. It might be six months for some states and it might be never for others.
Assuming this applies for cars and trucks, what is Louisiana's position on this? Also, if I go this route, since I have already purchased and paid for my two other vehicles, can I switch them to Montana and hopefully assume lower insurance premiums, if I set up a legal LLC in Montana?
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