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re: Auto Transfer Question

Posted on 11/16/18 at 12:01 pm to
Posted by jflsufan
Baton Rouge, LA
Member since Mar 2013
5250 posts
Posted on 11/16/18 at 12:01 pm to
quote:

This is 100% true in the state of Louisiana. You pay taxes on sales price not value. I’m in this line of work going on 11 years now. Trust me, it’s accurate.


Wo would it be better for me to put something like $5K as the sales price and pay $500 or if we put act of donation will I pay $0 in sales tax or run the risk of them looking up a value to tax me on?
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