Montana LLC for sales tax? (Moving to LA which has 10.4% sales tax)

[Alkaline]

Has anyone done the Montana LLC for sales tax avoidance? I have a new Job in New Orleans, LA and I just found out the local sales tax would be over 10%.

Looking at getting MS Plaid w/19" wheels, white interior, ultra red.

Currently have a Model Y performance, 2022, nice car but requires 2 charging trips hoping to get down to no charging trips.

 

[fholbert]

Has anyone done the Montana LLC for sales tax avoidance? I have a new Job in New Orleans, LA and I just found out the local sales tax would be over 10%.

Looking at getting MS Plaid w/19" wheels, white interior, ultra red.

Currently have a Model Y performance, 2022, nice car but requires 2 charging trips hoping to get down to no charging trips.

I think most states are wise to these schemes. I know people try this with aircraft, but few get away with it.

 

[EV_Travels]

Can I Avoid State Sales Tax by Using a Montana LLC?.

I doubt it will work.

 

[dwbv]

I won't tell you how to do it but it can be done in plain sight and so obvious yet tightly legal. There are some minimum requirements to meet then all is good.

Many, not few, get away with this. Kinda like how many businesses are registered in Delaware and how many don't pay taxes. There are loopholes that the government created themselves that people take full advantage of.

Consult an awesome attorney and you won't regret it.

 

[strider]

Wouldn't you have to run with Montana license plates? I know in California, they love to pull over out of state plates and then if you have a California license you better have a good story. It happened to me when my Mother in Law drove her Jeep out to visit us and then had to fly back for a family emergency. Ended up being several months before she could come back out. In the meantime I drove it every few weeks and got pulled over once. With the insurance, reg, etc in her name (and I was telling the truth!) the officer believed me and let me go. In your case, you are going to be running a Montana-registered car in your name, with insurance in your name, and a LA drivers license. I doubt it will go well.

I have heard of people doing this with RVs but they aren't driven every day and are often driven out of state so it's common to see them with out of state plates. It's still a roll of the dice though.

 

[jjrandorin]

States know about this loophole. I guess its all about risk tolerance.

Can I Avoid State Sales Tax by Using a Montana LLC?

This may sound promising but in most states, an LLC created solely for the purpose of avoiding sales tax will be viewed as a sham.

www.nolo.com

 

[Alkaline]

I actually found out about this while watching drag times;

notice all his cars have Montana Plates. I could careless about the plates. Yes I would pay one of the many companies that do this where they register an LLC in Montana... the whole thing would cost about $570.00 to setup with the renewals and registration fees coming to about $275.00/annually.

 

[Alkaline]

Also;

Autotrader - page unavailable

I figure the model s Plaid is exotic enough ehh?

 

[dwbv]

I actually found out about this while watching drag times;

notice all his cars have Montana Plates. I could careless about the plates. Yes I would pay one of the many companies that do this where they register an LLC in Montana... the whole thing would cost about $570.00 to setup with the renewals and registration fees coming to about $275.00/annually.

I guarantee you he's got an attorney on retainer with probably a $50-100k retainer fee. As I've said, it's very doable. Go find an awesome attorney.

As a side note, a Plaid is not even worth the hassle. Montana plates are for $300-400k Aventador level business purchases.

 

[TLLMRRJ]

Yeah, I wouldn’t want to pull that stunt with those Cajun cops. By the time they are done with you, you’ll be squealing like a pig.

 

[bkcyk]

Finding an attorney, let alone a good one, to save what $10k and you’re stuck with Montana plates? Wrong forum. Hard pass. Lol

 

[DP26]

Insurance for a corp owned auto may make such a setup a money loser. Assuming you are honest about the garage location.

 

[The Other Dan]

Heres a few videos you should watch first...

 

[xanderwalker]

If you are buying from Tesla they will not allow it in 99.9% of cases.

 

[demundus]

i do it for my lambo, but i also dont daily drive it so my personally calculated risk was low enough that i was willing to do it.

 

[android04]

I believe that in order to do this you have to have the vehicle fully-paid off because the title has to be yours. No liens from the bank.

 

[demundus]

I believe that in order to do this you have to have the vehicle fully-paid off because the title has to be yours. No liens from the bank.

not entirely true, most wont. a few will

 

[Ostrichsak]

The thought of someone financing a quarter million dollar (or more) depreciating asset and then being concerned about registration & sales tax is more than a little bit comical. Talk about stepping over a dollar to pick up a dime.

 

[TLLMRRJ]

The thought of someone financing a quarter million dollar (or more) depreciating asset and then being concerned about registration & sales tax is more than a little bit comical. Talk about stepping over a dollar to pick up a dime.

I got a 250% return on investment from driving my Lambo around town for 6 years. My Lotus did 300%. I wish Teslas were like those depreciating assets.

 

[Ostrichsak]

I got a 250% return on investment from driving my Lambo around town for 6 years. My Lotus did 300%. I wish Teslas were like those depreciating assets.

Just like the people who brag about "winning" at the casinos.