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11-17-2006, 09:03 AM
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#1
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Member
Join Date: May 2003
Location: Virginia
Posts: 41
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For those of you with an RV in Virginia, how can you afford to pay the personal taxes on them? We intend to relocate to the Richmond area for work reasons & have discovered that it will cost $3.57 per $100 of value each year in taxes. Ouch as we have an Itasca Horizon (worth $150k +/-) what can we do? Leave it registered in NY?
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2004 Itasca Horizon 40KD, Cummins 8.9 ISL
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11-17-2006, 09:17 AM
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#2
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Administrator in Memoriam
Appalachian Campers
Join Date: Jan 2000
Location: Buladean, NC
Posts: 8,126
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Do they assess the tax value the same as the retail value and are there any caps or tiers on the taxes? Maybe they assess on wholesale or Blue Book value?
If no caps and if assessed @ full retail, someone with a $500,000 motorhome would be paying $17,850 per year for personal property taxes, pretty steep IMHO.
Not that it has any bearing on VA but here in NC the DMV determines a tax value using their own systems which I always thought was tied to a wholesale or loan value type price. My rig has always been assessed much lower than I'd be willing to sell it and at $0.57 per hundred dollars it isn't too bad.
But $3.57 per hundred is a killer, would motivate me to move.
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'11 GMC Acadia SLT AWD
'11 GMC Sierra 1500 4x4 Extended Cab
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11-17-2006, 09:31 AM
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#3
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Administrator in Memoriam
Appalachian Campers
Join Date: Jan 2000
Location: Buladean, NC
Posts: 8,126
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Found this site with a Google search, maybe it'll help?
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'11 GMC Acadia SLT AWD
'11 GMC Sierra 1500 4x4 Extended Cab
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11-17-2006, 03:48 PM
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#4
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Senior Member
Join Date: Aug 2002
Location: Glen Allen Virginia
Posts: 220
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I live in charlotte county --personal property is $3.00 per 100 of accessed value---she refuses to use blue book of NADA she bases it on what I paid for my bounder---big rip off-1400.oo tax---and my TT that hasn't been on the road since 88 well she is taxing it now---she has it taxed for more than i paid for it---she said turn the title as junk-I will take it off----cant have junk---against the law---Im not junk dealer.
lamont in VA
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2020 Thor 22 HE Freedom Elite, 1996 Chevy G20 Van Lifetime Good sam.
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11-18-2006, 03:47 AM
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#5
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Senior Member
Join Date: Dec 2001
Location: Gainesville, VA
Posts: 314
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I am fortunate to live in one of VA's rare counties that doesn't tax RV's or boats, other than an annual $24 windshield sticker tax. I do pay the tax on my cars and deduct the amount on my Federal income tax each year. So its a wash.
It is a really dumb tax, but aren't they all?
Best Regards!
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Paul D
2007 Winnebago Journey 39K Freightliner Chassis, Cat C7
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11-18-2006, 04:38 AM
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#6
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Member
Join Date: May 2003
Location: Virginia
Posts: 41
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Old Snipe;
Thanks for the info. We wanted to stay in the RV for the 6 months that I will be attending the State Police Academy & we could not find any places to stay in Prince William County.
My wife could more easily find a research job in the northern part of the state, but where to stay? We wanted to use the RV to save a little $$ since I will be taking a pay cut to go to VSP & she will need time to find a job.
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2004 Itasca Horizon 40KD, Cummins 8.9 ISL
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11-18-2006, 04:53 AM
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#7
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Moderator Emeritus
Join Date: Jan 2000
Location: West Palm Beach, FL. USA
Posts: 28,322
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If it's only for six months, maintain residency somewhere else and just be a visitor to VA. Don't title/register your vehicles there or otherwise make it your residence (if you can avoid it, that is).
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Gary Brinck
Former owner of 2004 American Tradition and several other RVs
Home is now West Palm Beach, FL
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11-18-2006, 05:02 AM
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#8
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Member
Join Date: May 2003
Location: Virginia
Posts: 41
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RV Roamer;
The problem is once my training is over, I will be a Virginia State Trooper & will reside somewhere in the state. At a base pay of $40k, I don't see how I would budget $3.57/100 on an RV worth $150k ($5,355.00 per year)
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2004 Itasca Horizon 40KD, Cummins 8.9 ISL
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11-18-2006, 06:43 AM
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#9
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Administrator Emeritus
Join Date: Dec 2003
Location: Virginia Beach, VA
Posts: 10,042
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Given the fact that you will not know your VSP assignment until graduation, I would try and make arrangements to hang on to the coach until such time you could "then" determine the City/County you will reside in and the tax responsibility in said municipality.
As several posters have indicated,it is unfortunate that there are differing rates of assessment in the same Commonwealth.
With the VSP's residency requirement,this could prove to be quite a hardship.
Best of luck to you, you are entering a fine organization.
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2024 Forest River Rockwood 2109S
2024 F150 XLT
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11-18-2006, 07:09 AM
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#10
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Moderator Emeritus
Nor'easters Club Workhorse Chassis Owner iRV2 No Limits Club
Join Date: Oct 2004
Posts: 30,785
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Do they have to pay the tax if they just reside in a Campground? I thought Mass was the tax state.
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11-18-2006, 07:20 AM
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#11
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Administrator Emeritus
Join Date: Dec 2003
Location: Virginia Beach, VA
Posts: 10,042
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Roger, not sure about while he's in school but when he accepts the graduation certificate he will have to be a Virginia resident.
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2024 Forest River Rockwood 2109S
2024 F150 XLT
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12-02-2006, 06:40 PM
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#12
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Member
Join Date: May 2003
Location: Virginia
Posts: 41
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Well, it looks like our RV is for sale........2004 Itasca Horizon....anyone looking?
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2004 Itasca Horizon 40KD, Cummins 8.9 ISL
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12-03-2006, 04:14 AM
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#13
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Administrator in Memoriam
Appalachian Campers
Join Date: Jan 2000
Location: Buladean, NC
Posts: 8,126
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Quote:
Well, it looks like our RV is for sale.
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Foz,
You might want to put an ad for it in our 'free' classifieds.
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'11 GMC Acadia SLT AWD
'11 GMC Sierra 1500 4x4 Extended Cab
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