Reply
 
Thread Tools Search this Thread Display Modes
 
Old 04-30-2007, 06:55 PM   #1
3 Rivet Member
 
fr8tshaker's Avatar
 
2006 34' Classic
Sioux Falls , South Dakota
Join Date: Mar 2006
Posts: 236
S.D. For Domicile

Have any fulltimers set up domicile in SD? What are the drawbacks if any? From what I have been reading at other rv sites it is a great deal for a FT - no state income tax and lower insurance. Also seems easy to do. Input from anyone who has done it would be appreciated. Thanks in advance, 'shaker
__________________

__________________
2006 34' Classic LTD
2010 Ford F250 PSD
Hensley Arrow Hitch
fr8tshaker is offline   Reply With Quote
Old 04-30-2007, 07:28 PM   #2
Rivet Master
Commercial Member
 
lewster's Avatar
 
Vintage Kin Owner
Naples, FL , Hood River, OR
Join Date: Dec 2005
Posts: 7,282
Try Montana....................

Lots of RVers setting up an LLC and get away with NO TAX for a lot of things!
__________________

__________________
Lew Farber...ABYC Certified Master Marine Electrician...RVIA Certified Master Tech ...AM Solar Authorized Installation Center...AIRSTREAM Solar & Electrical Specialist...Micro Air 'Easy Start' Sales and Installations
lewster is offline   Reply With Quote
Old 04-30-2007, 07:36 PM   #3
3 Rivet Member
 
fr8tshaker's Avatar
 
2006 34' Classic
Sioux Falls , South Dakota
Join Date: Mar 2006
Posts: 236
Llc Costs?

Haven't heard of this. How difficult is this to do and what are the costs? Do you know where I can get more info on this? Thanks'shaker
__________________
2006 34' Classic LTD
2010 Ford F250 PSD
Hensley Arrow Hitch
fr8tshaker is offline   Reply With Quote
Old 04-30-2007, 08:14 PM   #4
Rivet Master<br><img src="/ugala/forums/images/5rivet.gif">
 
CanoeStream's Avatar

 
2006 25' Safari FB SE
St. Cloud , Minnesota
Join Date: Aug 2003
Posts: 13,279
Images: 19
Blog Entries: 3
Do a search on Montana sales tax. Evidently the RV dealers will point you to the attorneys in Helena who'll set you up in a couple of days or so. The big RV dealership that happens to sell Airstreams is renowned for poorly serving Airstreamers -- whether at point of sale or for service afterward. They've got a captive audience of people who want to avoid taxes and the dealership has not motivation to change. Do other searches on their name if you want to hear how bad it can get. I'd rather negotiate my best price and have a relationship I can trust.
__________________
Bob

5 meter Langford Nahanni

CanoeStream is offline   Reply With Quote
Old 04-30-2007, 08:33 PM   #5
3 Rivet Member
 
fr8tshaker's Avatar
 
2006 34' Classic
Sioux Falls , South Dakota
Join Date: Mar 2006
Posts: 236
Already own AS

I already have my as- outside of saving sales tax, I don't see where a MT LLC will benefit me. Am planning on setting up domicile in SD and wanted the good, the bad and the ugly from other FT that have done it. 'shaker
__________________
2006 34' Classic LTD
2010 Ford F250 PSD
Hensley Arrow Hitch
fr8tshaker is offline   Reply With Quote
Old 04-30-2007, 08:43 PM   #6
Rivet Master<br><img src="/ugala/forums/images/5rivet.gif">
 
CanoeStream's Avatar

 
2006 25' Safari FB SE
St. Cloud , Minnesota
Join Date: Aug 2003
Posts: 13,279
Images: 19
Blog Entries: 3
South Dakota residency?

Well, sure... An '06 34-footer? Sorry, I missed that first time around.

Have any readers set up South Dakota residency for full-timing?
__________________
Bob

5 meter Langford Nahanni

CanoeStream is offline   Reply With Quote
Old 04-30-2007, 08:58 PM   #7
4 Rivet Member
 
hookedonclassic's Avatar
 
Fond du Lac , Wisconsin
Join Date: Feb 2004
Posts: 396
Images: 23
I have heard of people doing it for the two reasons mentioned in the first post: no state income tax and insurance costs.
__________________
Rich
2010 43' Newmar Dutch Aire
formerly 2006 34' Classic

Changing the World One Child at a Time
www.compassion.com

hookedonclassic is offline   Reply With Quote
Old 04-30-2007, 09:21 PM   #8
More than one rivet loose
 
thecatsandi's Avatar

 
Currently Looking...
Keymar , Maryland
Join Date: Feb 2006
Posts: 3,754
I would say Montana. I am an official resident of Montana. I own land there I intend to retire there in hopefully 10 years.
__________________
Michelle TAC MT-0
Sarah, Snowball

Looking for a 1962 Flying Cloud

thecatsandi is offline   Reply With Quote
Old 04-30-2007, 10:04 PM   #9
Rivet Master
 
fastrob's Avatar
 
1976 25' Tradewind
. , AZ to Maine
Join Date: Sep 2004
Posts: 545
Good Deal in SD

Quote:
Originally Posted by fr8tshaker
Have any fulltimers set up domicile in SD? What are the drawbacks if any? From what I have been reading at other rv sites it is a great deal for a FT - no state income tax and lower insurance. Also seems easy to do. Input from anyone who has done it would be appreciated. Thanks in advance, 'shaker
A couple of buddies are going that way. SD is listed as the lowest cost state to live in. The only requirement is for you go there in person for your license. All other activities; registration, no inspection sticker, no income tax and insurance can be handled by intermediaries. They do mail drops too. The government there understands that if the costs are low they will come. I have heard too hot in summer, too cold in winter. Spring and fall are great! Best pheasant hunting in the country.
I cannot wait to visit.

R
__________________
fastrob is offline   Reply With Quote
Old 04-30-2007, 10:11 PM   #10
4 Rivet Member
 
wanderer1's Avatar
 
1986 Argosy
ocala , Florida
Join Date: Apr 2007
Posts: 271
Images: 24
Hello Mr.Freightliner,opps,I mean Fr8tshaker .Guess what I do for a living? Place "income tax free states" in your google search.In Florida,we have no income taxes.I'am an ex owner/op and if I remember right in Montana there's no general sales tax on anything.TX,TN,FL,and OR have no income taxes.Not sure 'bout S.D.Best of luck to you. Brian
__________________
wanderer1 is offline   Reply With Quote
Old 04-30-2007, 10:45 PM   #11
_
 
. , .
Join Date: Dec 2004
Posts: 8,812
hi 'shaker...

it is true that s.d. is the trendy state for fulltimers now...

and they have made the process very very easy.

IF you're looking for info join the escapees, they've got good stuff posted.

for retirees, choosing a state is mostly about saving on insurance and tags and so on...

IF you are still working and have much income be very very careful....

state income tax rules are particular to each state....

some states, for example EXPECT earners to file and PAY IF they spend only a short time IN the state...

as is weeks2months.

so declaring s.d or texas or az or washington or florida as your home state...

does NOT automatically mean state income taxes aren't owned in mo, or ark or ks or ohio...

IF you work/live part of the year in those states with income tax.

seldom are retirees chased but employed people is a 'nother matter.

while a drivers license, mail drop and voter registration may complete the picture for a retiree...

other issues like banking and health insurance and where you actually sleep....

matter too.

cheers
2air'
__________________
2airishuman is offline   Reply With Quote
Old 05-01-2007, 10:17 AM   #12
Mel
Rivet Master
 
Mel's Avatar
 
1967 22' Safari
1960 Caravel
Edmonds , Washington
Join Date: Dec 2004
Posts: 1,445
Quote:
Originally Posted by wanderer1
TX,TN,FL,and OR have no income taxes.Not sure 'bout S.D.Best of luck to you. Brian
Small correction - Oregon does have income tax. (Washington, neighbor to the north, does not).
__________________
Mel
Mel is offline   Reply With Quote
Old 05-01-2007, 12:00 PM   #13
Rivet Master<br><img src="/ugala/forums/images/5rivet.gif">
 
CanoeStream's Avatar

 
2006 25' Safari FB SE
St. Cloud , Minnesota
Join Date: Aug 2003
Posts: 13,279
Images: 19
Blog Entries: 3
2air' was mentioning Escapees RV Club the club for all RVers. They are a good resource for fulltimers -- figuring out how to have an address and mailbox while on the road, etc.

Correct, Texas has no income tax. I can only reference the last I lived there but would welcome current Texans' comments on TVs & Airstreams. In the late '70s at least, Texas did have property tax on durable goods. I was a renter at the time but the local tax folks were quizzing me on home appliances & vehicles just as we were relocating out of state. This was at the one year of residency point.
__________________
Bob

5 meter Langford Nahanni

CanoeStream is offline   Reply With Quote
Old 05-03-2007, 08:11 PM   #14
Rivet Master
Commercial Member
 
lewster's Avatar
 
Vintage Kin Owner
Naples, FL , Hood River, OR
Join Date: Dec 2005
Posts: 7,282
Quote:
Originally Posted by Mel
Small correction - Oregon does have income tax. (Washington, neighbor to the north, does not).
RIGHT! But Oregon has no sales tax!!!

If you look at any large moHo while you are on the road, chances are that you'll see a good number of them with Montana tags. You don't need to be a resident, just set up an LLC thru any number of law offices in the state that provide this service for a 'modest fee'.

When you decide to buy a new trailer or TV, you can then use your LLC as the purchaser and not have to pay the selling dealer (wherever they are) ANY TAXES, as you will be registering it out of state. The law firm will even arrange to have a temporary transit tag sent to you until your 'real' Montana plates arrive!!!
__________________

__________________
Lew Farber...ABYC Certified Master Marine Electrician...RVIA Certified Master Tech ...AM Solar Authorized Installation Center...AIRSTREAM Solar & Electrical Specialist...Micro Air 'Easy Start' Sales and Installations
lewster is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Virginia Campgrounds

Reviews provided by




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 05:45 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.

Airstream is a registered trademark of Airstream Inc. All rights reserved. Airstream trademark used under license to Social Knowledge LLC.