Using a Montana LLC For RV Purchases
You’ve always dreamed of the freedom and comfort of an RV, and now your dream is coming true…but you may be shocked at the amount of sales tax you’ll have to pay on an RV purchase. We can help you do it the smart way. By using a Montana LLC for an RV purchase, you could save thousands of dollars.
Let’s take a look at the process to create an LLC in Montana, and learn how a Montana LLC can be an enormous cost savings when used for RV purchases.
What’s the Process to Create an LLC in Montana?
To create a Montana LLC, you have to file something called “Articles of Organization” with the Montana Secretary of State. The Articles of Organization is a legal document that outlines how the LLC is structured, names the registered agent and the LLC organizer(s), and secures the name of your LLC.
As experienced registered agents, we can streamline this process every step of the way.
What Are the Sales Tax Benefits of a Montana LLC for RV Purchases?
When you purchase an RV, depending on where you live, you could end up paying thousands—or even tens of thousands—of dollars in sales tax or ad valorem taxes, which are taxes paid on personal property or real estate, often including RVs. However, the state of Montana has no sales tax—and you can benefit from this if you have an LLC based in Montana.
If you live where state and local sales tax on vehicle registration comes out to 4%, and you purchase an RV for $200,000, you could be looking at $8,000 in sales tax for your RV purchase. If your state and local sales tax comes to 10%, that same RV could cost you $20,000 in sales tax.
Making a purchase through a Montana LLC means that you can save thousands—sometimes $20,000 or more on sales tax for your RV purchase, even if you don’t live in Montana.
In addition to what the law requires, there are other reasons to choose MT Vehicles as a registered agent. First, we can help you with all the paperwork—from filing your Montana LLC to obtaining and maling out ot you the Montana license plates, registration, and title for your RV. It can be a huge cost-saving, time-saving, hassle-saving benefit to have an experienced team at your back through the process. We can help manage everything from filing the LLC to registering your RV in Montana.
Contact us today so we can help you save thousands of dollars on your RV purchase!