Here's the scenario...
You’ve worked hard building a successful business and now it’s time to relax and reap the benefits.
With a luxury motorhome purchase on your horizon, plans are underway for a new lifestyle. This is the time you’ve been planning for, the wandering life of a full time RVer.
After months of shopping, you're ready to place your order for the perfect dream RV -- one complete with all the options. Let's say the price tag for this beauty is $245,000; steep, but quality costs serious money.
That’s all well and good; you can afford it. But don’t forget the sales tax! As an example, in Duluth Minnesota with a tax rate of 7.5%, the sales tax on this major purchase will be $18,375. And that doesn’t include registration or insurance. With all the paperwork and additional fees, you could be out closer to $275,000 by the time it’s all said and done.
There’s one common trait among good business men that sets them apart from the Average Joe: they don’t pay any more taxes to the government than they are legally required to pay.
Many lawyers have built their careers around finding loopholes, and manipulating the tax codes, to reduce the burden placed by taxes on their clients.
Now there’s another option that can help you keep more of your money in your pocket and out of the State Revenue Department...
Continue reading: Reasons To Register Your RV In Montana
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