Boat Registration Assistance | TigerDroppings.com
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failuretocommunicate
LSU Fan
Lafayette
Member since Dec 2007
589 posts

Boat Registration Assistance

I recently bought a go-devil hull and longtail (private party that was previously registered in LA) and i'm in the process of getting it registered with the LDWF. They require a bill of sale that includes a "sales price"

I'm wondering if i will have to pay taxes on the purchase?? I actually paid taxes on the trailer when i registered it, so i was wondering about the boat.

TIA


hardhead
LSU Fan
stinky bayou
Member since Jun 2009
5198 posts

re: Boat Registration Assistance
yes, so make up a price.


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007mag
LSU Fan
Death Valley, Sec. 408
Member since Dec 2011
2237 posts

re: Boat Registration Assistance
Yeah that's why I always buy the pushpole for $5000 and get the boat for $100. You don't register pushpoles.


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Chad504boy
Cincinnati Fan
Five Oh Four
Member since Feb 2005
88506 posts

re: Boat Registration Assistance
No.


failuretocommunicate
LSU Fan
Lafayette
Member since Dec 2007
589 posts

re: Boat Registration Assistance
I was of the opinion that the boat wasn't taxed. If it is, then i'd need to remove the value placed on the trailer (from the total sales price)........



cdaniel76
Member since Feb 2008
16698 posts

re: Boat Registration Assistance
quote:

I was of the opinion that the boat wasn't taxed.


Nope. Unfortunately, even if you buy it from a private seller in Louisiana, you still have to pay taxes.

However, if you bought it from out of state from a private seller, you don't pay taxes.

Sucks, but that's the way it is.

Ask the seller to write you a "lowball" bill of sale ($200 or something like that). DO NOT include the cost of the motor. It is NOT taxable since it's not the item being registered.

Have a separate bill of sale for the trailer and "lowball" that price also. You'll have to pay taxes on the trailer when you go to register it with the DMV... Also, you WILL need the trailer's title which needs to be signed by you and the seller in order to register it.


It's all a pain in the arse and another way "the man" fricks us but it's the way it is.
This post was edited on 1/21 at 2:44 pm


Langston
LSU Fan
Cenla
Member since Nov 2010
6223 posts

re: Boat Registration Assistance
WHen the hell did this all start? Ive bought and sold 3 boats in the last three years and never paid taxes on anything but the trailer. Im pretty sure I would know, 2 of them were over 20k and listed that way.


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Chad504boy
Cincinnati Fan
Five Oh Four
Member since Feb 2005
88506 posts

re: Boat Registration Assistance
quote:



Nope. Unfortunately, even if you buy it from a private seller in Louisiana, you still have to pay taxes.



Why are you giving out incorrect information?


cdaniel76
Member since Feb 2008
16698 posts

re: Boat Registration Assistance
quote:

Why are you giving out incorrect information?


My apologies. I was mis-informed and what I said is not correct. Taxes don't apply to used boats sold within the state by a private seller. However, it does still apply on the trailer.


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