Community Forums

a k · 03-02-2010, 07:41 PM

You just answered your own question. Your not EVADING taxes, your AVOIDING taxes. It's not against the law to avoid taxes.

We're all going to get throwed off the board if we keep it up.

DonnaB · 03-02-2010, 08:00 PM

Dear Iam,

Are you a fulltimer? If so, you may be a good candidate for an LLC. If however, you own a house in your state of residence, it will be very difficult for you to use the LLC to legally avoid (not evade) taxes. Most states will demand you register & tag in the state if you are a resident and own property.

If you are free of those encumbrances and would like an economical contact for setting up an LLC, please contact me for the number.

Max Hubrich · 03-02-2010, 08:16 PM

Please read this about a fellow in Colorado.

It might enlighten some folks on this subject. This is probably why some lenders and insurers won't touch LLC's.

To me, it all boils down to how well you sleep at nights! There definitely is a "pucker" factor involved if a person is to do this as a resident of another state.

azloafer · 03-02-2010, 09:39 PM

Quote:

Originally Posted by Max Hubrich

Please read this about a fellow in Colorado.

It might enlighten some folks on this subject. This is probably why some lenders and insurers won't touch LLC's.

To me, it all boils down to how well you sleep at nights! There definitely is a "pucker" factor involved if a person is to do this as a resident of another state.

Wow, after reading that I'm glad we did everything according to Arizona law where we live! Joe

a k · 03-03-2010, 12:20 PM

A mortgage lender. Not too brite EHH?

tomgagne · 03-25-2010, 06:10 PM

Here is a link to a recent story on the subject Massachusetts investigating Montana LLC RV owners defrauding Mass. by registering in Montana

Route 66 · 03-25-2010, 06:47 PM

From the article;

Quote:

But state officials point out that all vehicles driven more than 30 days in Massachusetts must be registered here.

That is the reason LLCs are not a good idea for part timers.

If you are a full timer and use SD for your domicile for example and do not take your MH into SD for more than 30 days, then you are legal.

azloafer · 05-23-2010, 06:08 AM

Quote:

Originally Posted by a k

Does anyone personally know of anyone going to court over this?

When you get a chance, go out to your municipal airport and get some registration #s off the planes and goggle them and I'll bet half are reg in Montana or Delaware.

You would have to do a search on the forums, but there was a man who was charged with breaking the law when using the Montana LLC to avoid taxes. He was warned by the court that he would pay heavy fines and all the back taxes. I recall that he accepted a deal rather than go to trial. I wish I could find it, but I know it was on one of these MH forums.

Another idea would be to google Montana LLC and look for some articles other than the people making money on them.

The only first hand knowledge that we have is this: Our lender said that they would not give a loan to an LLC for legal reasons. That was good enough for us. Joe

Here's a link to a story re an LLC: http://www.irv2.com/forums/f59/color...lcs-11725.html