The IRS has nothing to do with state sales tax. So you wouldn’t owe anything to the IRS. In fact, If this is a business vehicle, you could use the sales tax paid as a deduction and pay LESS federal tax to the IRS if you paid sales tax on the vehicle.
Not true. Try writing off that vehicle's registration and loan payments, and sales taxes for IRS tax purpose. State use tax comes up too. No intelligent Cars sales lot will allow you to drive off the lot as well. Dealers are required to ship the car to your registered state at your expense otherwise they may be responsible for your tax if they get audited, at the very least they will have you notarize a document indicating you are shipping this vehicle to "your state".
Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. aba.link/tapcarl
Have you ever had to submit an insurance claim with your Montana registered car? Unless you actually reside in Montana, you could have your claim denied which would suck.
Regarding insurance. If you are retired and travelling the country. I would think you could make an argument to your insurance company that your 500K RV is ok to have Montana plates (or any other state for that matter) since you drive it all over the country. The argument that the vehicle is primarily driven where your permanent might be really doesn't past muster in that case. Thoughts?
Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. aba.link/tapcarl
We live in Alaska for 6 months and winter in Montana for 6 months. Registering in Alaska is less expensive for us. No sales tax, no inspection in Alaska also.
plan b? how about this....(buy inside of montana LLC, *having an WY LLC own the montana LLC) then having the montana LLC rent the car to you?) so your just renting the car from a Montana company?
What about a side by side? I’m not as worried about the tax savings, as it’s only a few thousand. I’m basically just wanting it to be able to be plated to be able to legally drive on the road.
@@nismoskylinegtrv per top rank themselves: ‘96 and newer need obd2 conversion. Which goes back to my original point that it’s extremely expensive to convert to it and hence why people illegally register the cars out of state
@SIat they don't convert to obd2 though, I have an R32 GTR and my friend has a cali legal R33 GTR. The question mark of the whole process is how they will adapt the R34 which is obd2 to Cali emissions and they successfully passed a GTT. They tailpipe test the car, and run extensive evap and overall emissions. But they don't convert them to OBD2 if they are OBD1 or OBD0
If you have a business in Montana and the business owns the vehicle, how is that “illegal” and why would another state have any claim to taxes for a vehicle that the company bought?!
It really depends on the circumstances. If you have a business in Montana and the vehicle is used for business purposes solely in Montana then it is likely okay to do that. If you instead bought the vehicle and registered it with a MT LLC and you drive it elsewhere like in your home state, then penalties and taxes for use will be assigned.
Look at CA DMV code…. These guys are not dumb, the law states it must be registered where it’s garaged after it’s been in CA for 20 days. How will you explain CHP why you running MT plates with your CA license and address? Clearly you are not garaging this car in MT.
@@alexsimon915 well the good news is that in our wonderful state of California, especially LA county, we don’t have to worry about too much police pulling us over anymore as there is a few of them and there’s a lot of lawlessness going on. People running red lights, stop signs and doing takeovers with donuts in the middle of the day on the freeway is common.
@@petrolo72 well… not exactly, all of that gets slipped by and yet if you trying to save your hard earned $ from these f up liberals that unlawfully tax things that they’ve already collected tax on then you almost guaranteed to be pulled over by one of these untitled pricks with a gun and give you hell. That’s just crazy this state is, they will let someone commit legit crime while they are arresting you for having out of state plates lol
All you do is say to your insurance that it’s garaged IN CA but it is a Montana plated veh. Most insurance companies are fine, you have to be very specific and tell them that it is garaged in CA.
Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. Visit: aba.link/tapcarl
I have a good friend of mine that’s in retirement and moved to Montana and has lived there for two years theoretically can’t I give him the money and have him buy it avoiding the 7.25 % tax in California and have it under his name and he transfers it to my name as a gift so there is no transfer fee ?
We strongly encourage you to sit down with an Anderson advisor or attorney before making a transfer such as this may trigger tax consequences based on the value of the vehicle, and if found out could trigger other potential consequences.
Look up “gift” laws there is still tax and caps of how much vehicle can cost etc…. There is a possibility of fed tax too on “gift”. These assholes get you one way or the other ….
Ah, there's the answer. I didn't know about this until I saw your video Carl, thanks for bringing this to your subs' attention ! Looking forward to more !
Every single U-Haul truck in the entire country has Arizona plates. What is the specific legal difference between driving a U-Haul truck and driving a car registered to an LLC in Arizona (or Montana...)? In both cases you're just driving a company vehicle, albeit an out-of-state company. Is it because U-Haul's plates are apportioned?
What if you did this in california just for the sake of modifying the car in non-carb compliant ways and skipping inspection but still payed california tax on the vehicle?
I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
i want to register my modiefied car out of CA what will be the best way to do it also will i need a new license where the car is going to be registered at
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
I live in California but work in Texas. I just bought a car from a guy in Texas, but it's still there. Could I register in Montana to avoid having to drive from Texas to California and back to register it? If so, what sort of insurance would I buy?
You would need the appropriate level of insurance to meet the minimum standards where the car is registered. You may choose to have the car registered in Montana, and then you will need to comply with those registration requirements.
Since the main benefit of Montana purchase/registration is evading state sales tax, if there is no sales tax to evade in your home state, there is no benefit to the Montana sale/registration.
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
What I wonder about is what if you bought and registered the car LLC in other state and then “bring it over” here and register in CA…. Do they still tax you? My guess is yes…. Though not even sure how the hell it is legal at all since veh was out of state by LLC that has nothing to do with CA
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
Got a car a few months back I live in Missouri but theoretically I own a business in Montana would it be ok to register my car through my business in Montana as it would be half the price of what it would be in Missouri
@@weemankyle When the car that's in your garage it is domiciled in your home state yet it has a license plate and is registered in another state. That is illegal in most states. Run it by your home state DMV and see what they think about it. Also what are you going to tell your insurance company about why the car is registered in a state a thousand miles away?
@@thud9797 but if it is legal and it saves me money, I dont see it as a scam. I wont tell my dmv anything as its not their business its my buisness with Montana dmv, also ill just simply tell my insurance, I called 3 places today for quotes for a bike I just bought, none of them seemed to care.
If I come from Australia on a 6 month tourist visa and want to purchase an Rv to tour in would this be an acceptable way to register if i can get insurance?
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
What about using this strategy to register a kit car like the DF Goblin. They can't be registered in all states so many use the montana loophole to just get it registered. Is it more or less sketchy using this strategy for a kit car than a high end car? Also, these kit cars sell for no more than 25k most of the time.
Many states have caught on to the loophole of registering vehicles out-of-state and have passed laws that effectively close the loophole. As a general rule, we recommend registering vehicles in the state where they will be primarily operated.
If you're living in Montana for a period of time, you would not be subject to the same risks as someone registering the property in MT and then using it 100% outside of the state of MT.
Im military and i just got permanent trailer registration plates on my 5th wheel. Stationed in IL but live in MO. Exempt from the personal property tax as well since I'm a WA resident.
If tyey have the money to buy one of the expensive vehickes you likeky uave the money to buy property in Montana and then get your drivers license there so if you are atopped and have a Montana drivers license they will never know
@@jreavestheleader8255 don’t think it matters even… he will need DL, proof of address and then if CHP pools over or has records of him driving in CA all the time not sure how he will explain how he lives in MT lol
We mention the benefits in the video. There are several advantages to registering ones vehicle in Montana. If you have any questions, please let us know.
I don't ever recall my insurance asking about where my car is registered. They just want my VIN and my address. That's it. So I'm not sure why the insurance would even need a Montana address which is what some claim will trip them up. Just give them your home state address. If you own the car outright I don't even see why they'd ask for the title.
The IRS has nothing to do with state sales tax. So you wouldn’t owe anything to the IRS. In fact, If this is a business vehicle, you could use the sales tax paid as a deduction and pay LESS federal tax to the IRS if you paid sales tax on the vehicle.
100% true
Not true. Try writing off that vehicle's registration and loan payments, and sales taxes for IRS tax purpose. State use tax comes up too. No intelligent Cars sales lot will allow you to drive off the lot as well. Dealers are required to ship the car to your registered state at your expense otherwise they may be responsible for your tax if they get audited, at the very least they will have you notarize a document indicating you are shipping this vehicle to "your state".
@@lisajpsnowpeak431nothing of what you said has anything to do with what I said.
The bigger issue in places like Virginia is annual vehicle taxes. Highest in the country by a long shot.
As I understand it, another benefit is for vehicles over 11 years old you can pay for a lifetime registration and never have to pay again.
Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. aba.link/tapcarl
Correct.
I have been doing it since I bought my first car and have never had a problem.
Which state/area? Insurance details ? have you been pulled over ever? Details please.
Have you ever had to submit an insurance claim with your Montana registered car? Unless you actually reside in Montana, you could have your claim denied which would suck.
Me too. Although it might be because both sides of my family have been residents of Montana for over a century.
Regarding insurance. If you are retired and travelling the country. I would think you could make an argument to your insurance company that your 500K RV is ok to have Montana plates (or any other state for that matter) since you drive it all over the country. The argument that the vehicle is primarily driven where your permanent might be really doesn't past muster in that case. Thoughts?
My thoughts exactly. What if you live in your RV full-time. One can go anywhere and work from "home."
Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. aba.link/tapcarl
We live in Alaska for 6 months and winter in Montana for 6 months. Registering in Alaska is less expensive for us. No sales tax, no inspection in Alaska also.
👍
Many register vehicles also in Oregon, Alaska, Guam & US Virgin Islands & drive them here to avoid Sales Tax & Property/Excise tax as well.
plan b? how about this....(buy inside of montana LLC, *having an WY LLC own the montana LLC) then having the montana LLC rent the car to you?) so your just renting the car from a Montana company?
I like your thought process!
Interesting perspective, thank you for sharing it. 👍
Sounds pretty confusing with a lot of loops lol
What about a side by side? I’m not as worried about the tax savings, as it’s only a few thousand. I’m basically just wanting it to be able to be plated to be able to legally drive on the road.
I’ve seen many old school GT-R’s here in CA registered in Montana.
That’s because they don’t want to pay many thousands of dollars to convert them to OBD2. So they gotta register it somewhere
@@SIatthey don't covert them to obd2, they just add catalytic converters and a few mods to pass smog. You can't convert obd0 to obd2
@@nismoskylinegtrv per top rank themselves: ‘96 and newer need obd2 conversion. Which goes back to my original point that it’s extremely expensive to convert to it and hence why people illegally register the cars out of state
@SIat they don't convert to obd2 though, I have an R32 GTR and my friend has a cali legal R33 GTR. The question mark of the whole process is how they will adapt the R34 which is obd2 to Cali emissions and they successfully passed a GTT. They tailpipe test the car, and run extensive evap and overall emissions. But they don't convert them to OBD2 if they are OBD1 or OBD0
The vehicle could be insured under a blanket insurance if you “own a dealership “. Could be an acre lot.
I think if you have a dealer resale license than you don’t even have to register it at all
If you have a business in Montana and the business owns the vehicle, how is that “illegal” and why would another state have any claim to taxes for a vehicle that the company bought?!
It really depends on the circumstances. If you have a business in Montana and the vehicle is used for business purposes solely in Montana then it is likely okay to do that. If you instead bought the vehicle and registered it with a MT LLC and you drive it elsewhere like in your home state, then penalties and taxes for use will be assigned.
Look at CA DMV code…. These guys are not dumb, the law states it must be registered where it’s garaged after it’s been in CA for 20 days. How will you explain CHP why you running MT plates with your CA license and address? Clearly you are not garaging this car in MT.
@@alexsimon915 well the good news is that in our wonderful state of California, especially LA county, we don’t have to worry about too much police pulling us over anymore as there is a few of them and there’s a lot of lawlessness going on. People running red lights, stop signs and doing takeovers with donuts in the middle of the day on the freeway is common.
@@petrolo72 well… not exactly, all of that gets slipped by and yet if you trying to save your hard earned $ from these f up liberals that unlawfully tax things that they’ve already collected tax on then you almost guaranteed to be pulled over by one of these untitled pricks with a gun and give you hell. That’s just crazy this state is, they will let someone commit legit crime while they are arresting you for having out of state plates lol
Same thought…. I’m sure these monkeys at DMV in CA have all sorts of clever explanations …. We need to dump this swamps Longgggg time ago.
All you do is say to your insurance that it’s garaged IN CA but it is a Montana plated veh. Most insurance companies are fine, you have to be very specific and tell them that it is garaged in CA.
I appreciate your take on this!
But when you start the LLC what address do you use to register your car
Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. Visit: aba.link/tapcarl
I have a good friend of mine that’s in retirement and moved to Montana and has lived there for two years theoretically can’t I give him the money and have him buy it avoiding the 7.25 % tax in California and have it under his name and he transfers it to my name as a gift so there is no transfer fee ?
We strongly encourage you to sit down with an Anderson advisor or attorney before making a transfer such as this may trigger tax consequences based on the value of the vehicle, and if found out could trigger other potential consequences.
Look up “gift” laws there is still tax and caps of how much vehicle can cost etc…. There is a possibility of fed tax too on “gift”. These assholes get you one way or the other ….
Ah, there's the answer. I didn't know about this until I saw your video Carl, thanks for bringing this to your subs' attention !
Looking forward to more !
Every single U-Haul truck in the entire country has Arizona plates. What is the specific legal difference between driving a U-Haul truck and driving a car registered to an LLC in Arizona (or Montana...)? In both cases you're just driving a company vehicle, albeit an out-of-state company. Is it because U-Haul's plates are apportioned?
What if you did this in california just for the sake of modifying the car in non-carb compliant ways and skipping inspection but still payed california tax on the vehicle?
was thinking the exact same thing
I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
i want to register my modiefied car out of CA what will be the best way to do it also will i need a new license where the car is going to be registered at
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
At some point, taxing authorities are going to see any such cars as being suspicious and they will issue tickets anyway.
I live in California but work in Texas. I just bought a car from a guy in Texas, but it's still there. Could I register in Montana to avoid having to drive from Texas to California and back to register it? If so, what sort of insurance would I buy?
You would need the appropriate level of insurance to meet the minimum standards where the car is registered. You may choose to have the car registered in Montana, and then you will need to comply with those registration requirements.
What if you live in a state that has no sales tax like New Hampshire and register it in Montana.
Since the main benefit of Montana purchase/registration is evading state sales tax, if there is no sales tax to evade in your home state, there is no benefit to the Montana sale/registration.
Well no inspection is a nice boon
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
There is a difference between registered state and garaged state
What I wonder about is what if you bought and registered the car LLC in other state and then “bring it over” here and register in CA…. Do they still tax you? My guess is yes…. Though not even sure how the hell it is legal at all since veh was out of state by LLC that has nothing to do with CA
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
Got a car a few months back I live in Missouri but theoretically I own a business in Montana would it be ok to register my car through my business in Montana as it would be half the price of what it would be in Missouri
Btw it’s not a super expensive car just cost 23k and don’t want to pay 2k for tags
Most states take the position that vehicles should be registered in the jurisdiction in which they are primarily operated.
Getting a new C8 later this year, I appreciate the info!
Thank you and good luck!
Any you're gonna do this Montana scam? Good luck is right.
@@thud9797 scam? How
@@weemankyle When the car that's in your garage it is domiciled in your home state yet it has a license plate and is registered in another state. That is illegal in most states. Run it by your home state DMV and see what they think about it. Also what are you going to tell your insurance company about why the car is registered in a state a thousand miles away?
@@thud9797 but if it is legal and it saves me money, I dont see it as a scam. I wont tell my dmv anything as its not their business its my buisness with Montana dmv, also ill just simply tell my insurance, I called 3 places today for quotes for a bike I just bought, none of them seemed to care.
Thanks Carl!
Thank you for watching!
@@coffeewithcarlaba I’m a ABA client! 👍🏼👍🏼
If I come from Australia on a 6 month tourist visa and want to purchase an Rv to tour in would this be an acceptable way to register if i can get insurance?
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
Good info.
Insurance doesn’t care. I did 22 years in the military with out of state registration.
What about using this strategy to register a kit car like the DF Goblin. They can't be registered in all states so many use the montana loophole to just get it registered. Is it more or less sketchy using this strategy for a kit car than a high end car? Also, these kit cars sell for no more than 25k most of the time.
Many states have caught on to the loophole of registering vehicles out-of-state and have passed laws that effectively close the loophole. As a general rule, we recommend registering vehicles in the state where they will be primarily operated.
@@coffeewithcarlaba is Minnesota one of these states? Asking for a friend
What about military? Service members going to get stationed there?
If you're living in Montana for a period of time, you would not be subject to the same risks as someone registering the property in MT and then using it 100% outside of the state of MT.
Im military and i just got permanent trailer registration plates on my 5th wheel. Stationed in IL but live in MO. Exempt from the personal property tax as well since I'm a WA resident.
Most of the time you should still be able to buy insurance in your home state.
great video thanks
Thank you for watching!
If tyey have the money to buy one of the expensive vehickes you likeky uave the money to buy property in Montana and then get your drivers license there so if you are atopped and have a Montana drivers license they will never know
I'd just move to Montana on paper. So much easier.
How can you do that though?
👍
@@jreavestheleader8255 don’t think it matters even… he will need DL, proof of address and then if CHP pools over or has records of him driving in CA all the time not sure how he will explain how he lives in MT lol
Horrible idea, unless you are a multi millionaire who can afford to never file an insurance claim.
Why should they even care
We mention the benefits in the video. There are several advantages to registering ones vehicle in Montana. If you have any questions, please let us know.
I don't ever recall my insurance asking about where my car is registered. They just want my VIN and my address. That's it. So I'm not sure why the insurance would even need a Montana address which is what some claim will trip them up. Just give them your home state address. If you own the car outright I don't even see why they'd ask for the title.