The scam works this: hire Montana law firm form corporation limited liability company (LLC) you. own LLC outright. exotic expensive car RV purchased .
No state LEO should care the registration issue it's legally registered no laws being broken that state it pertains vehicle registration. any law pertaining using Montana LLC being violated, is the state your residency only. Remember, is only reason will .
Then, use LLC register plate vehicle Montana, listing as business expense. owner has option bring car a state. a largely unknown practice, other states now notice the Montana LLC registration loophole, those higher personal property tax rates.
For Montana, whole non-resident LLC car registration works great. state pulls revenue vehicle registrations, they're vehicles never enter state. don't wear Montana roads. don't pollute Montana air. It's all perfectly legal Montana's point view.
Once have Montana LLC, make the owner your car. can get Montana title, registration license plates any for car ever turn wheel Montana soil. Montana not charge sales use taxes, registration fees pretty minimal, the $300 $1,000 range, depending the age the car.
Total cost LLC: Montana LLC filed articles company address: 1st year cost: $960 year following: $140 filing taxes. Montana registration fees yearly: Passenger Cars, Light Weight Trucks*, SUV's Base Registration Fees to years $290.73. to years $156.83. Ten years or older $ 96.06
In extensive ongoing research, have a states unfriendly the Montana LLC vehicle registration process. is primarily due drivers tagging UTVs the Montana LLC process driving around public roads. Let's face it: is rolling dice. cops don't care look other way.
Traveling nurses frequent travelers save big vehicle registration a Montana LLC, to sales tax fewer hassles. of navigating state-specific requirements inspections, Montana's flexible LLC registration you register vehicles fully online, skipping DMV lines high fees.
A Montana LLC vehicle registration an option out-of-state residents choose order purchase vehicle having pay sales tax it. create LLC Montana then buy register vehicle the LLC's name. Typically, register a Montana county doesn't a local-option tax.
The Legal Framework LLC Car Registration Montana. register car an LLC Montana, need navigate state laws federal regulations. Understanding legal requirements crucial ensure smooth compliant registration process. Montana state laws govern formation operation LLCs.