coast gaurd documentation of boat in MI
04-11-2003, 08:29 PM
#22
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Originally posted by Payton
In Indiana we still have to have the state regestration, just a sticker, no numbers.. That is so they can get their property tax. There is no sales tax paid when it is Coast guard regestered.
That's a nice savings in Indiana.
In Indiana we still have to have the state regestration, just a sticker, no numbers.. That is so they can get their property tax. There is no sales tax paid when it is Coast guard regestered.
That's a nice savings in Indiana.
I'm planning on going to License branch next week to do the title and registration stuff on the boat I just bought. SO, if I go the CG route, I won't have to pay the over $4000 just in sales tax alone I have planned on?
04-11-2003, 11:23 PM
#23
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I've had documented boats in MI for a few years, never been hasseled about not having MC #'s. I have played by the rules and did have my registration sticker. Usually, someone is going to get sales tax. If it is lower in the state where you buy the boat pay it there, make sure to get proof to show the SOS.
04-12-2003, 09:20 PM
#24
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Reading all those rules convinced me of one thing. This documentation business is one royal pain in the ass and a damned expensive one too.
All you've gotta' do is transact the sale in a no-sales-tax state and register it there. Then move to whatever state you want to be in permanently and transfer the registration.
In Ms it costs $36 for a two year sticker and you do it on a post card. None of this USCG hassle. Stickers for boats under 35 feet are $10.
All you've gotta' do is transact the sale in a no-sales-tax state and register it there. Then move to whatever state you want to be in permanently and transfer the registration.
In Ms it costs $36 for a two year sticker and you do it on a post card. None of this USCG hassle. Stickers for boats under 35 feet are $10.
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