Montana Llc Rv Bennett
Rv model cost sales tax 6 849 montana llc savings.
Montana llc rv bennett. The letter was written by john bennett of the bennett law office in montana considered by many to be the foremost source on montana llcs. Bennett 124 w pine st missoula mt 59802 toll free. The laws of other states some states restrict one s right to avoid registering a motor vehicle in the state of one s residence even if one is operating a motor vehicle owned by a non resident in this case the non resident is the montana business entity. 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.
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. 2020 newell coach p50. No wonder some pursue the montana llc. So we have approx 22 000 with these items.
Bennett law in missoula who specializes in llcs basically advises of 3 requirements to be fully in compliance. At the office of the secretary of state we are tasked with following the law not making the laws said secretary of state corey stapleton in a. Is a full service transactional law firm located in the missoula valley dedicated to providing a wide range of legal services these services include the areas of tax free vehicle registration estate planning commercial transactions entity planning liquor licensing and real estate. Bennett law office p c.
Sales tax where i live in az is 8 9. Just ordered a new 2015 36 gh phaeton. Forming a montana business entity usually a limited liability company may help you eliminate all sales taxes and minimize license fees upon the purchase and registration of a recreational vehicle or any other vehicles. The company s filing status is listed as active good standing and its file number is c1168450.
Montana s llc law dates back to 1991. If the llc in montana limited liability corporation being a separate business ownership other than you personally owns the vehicle you personally can not register the vehicle in the state of california after the llc has maintained the vehicle for a year you as an individual can own the vehicle for the year if you travel for a year out of state and have receipts to prove the travel time. Bennett law office p c. Rv wanderlust llc is a montana domestic limited liability company filed on august 4 2020.