Montanna LLC

[John Suter]

Hi David,

> Is this strictly legal?

I spent considerable time with the "legal eagles"
who had a booth at FMCA this year. After some careful
parsing of words, they told me they no longer
recommend this form of titling for RV's for people who
are domiciled in Florida (and some other states which
I can't recall).

It's my understanding, a problem for us FL folks is
the issue of an "implied lease" between the ownership
entity (LLC) and the asset user (FL resident) wherein
the monthly lease value may be subject to FL sales
tax. "Forewarned is Forearmed," a bean counter once
said!

John Suter


> I had Benett Law form an LLC and registered my bus
> in Montana, toad
> too. It was very fast, had my plates and
> registrations in less than
> a week. The wohle thing cost around $1200. Every
> year after the
> total cost is less than $200 per year, can't
> remember exactly.
>
> If you talk to John Bennett tell him James says
> hello.
>
> -James
> 78FC33SB
> LasVegas NV


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