Registering Your Vehicle in Montana - Is it a Good Idea?

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The best part about Montana is they don't have sales tax, so when you purchase a vehicle there you're saving a ton of money in sales tax, especially when you purchase a very expensive vehicle. Let's go over some strategies and discuss how to do it if you were planning on making this move.
WATCH and learn if registering your vehicle in Montana is a good idea in this episode of Coffee With Carl hosted by Carl Zoellner associate attorney with Anderson Business Advisors.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#montana #vehicleregistration

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5 июл 2024

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Комментарии : 101

@gavinpancirov 2 года назад

The IRS has nothing to do with state sales tax. So you wouldn’t owe anything to the IRS. In fact, If this is a business vehicle, you could use the sales tax paid as a deduction and pay LESS federal tax to the IRS if you paid sales tax on the vehicle.

@kanakaspec Год назад

100% true

@glennhavinoviski8128 Год назад

The bigger issue in places like Virginia is annual vehicle taxes. Highest in the country by a long shot.

@johnnyrokkit 9 месяцев назад

As I understand it, another benefit is for vehicles over 11 years old you can pay for a lifetime registration and never have to pay again.

@coffeewithcarlaba 8 месяцев назад

Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. aba.link/tapcarl

@alexsimon915 Месяц назад

Correct.

@montanausa329 Месяц назад

I have been doing it since I bought my first car and have never had a problem.

@alexsimon915 Месяц назад

Which state/area? Insurance details ? have you been pulled over ever? Details please.

@drichardhalifax Месяц назад

Have you ever had to submit an insurance claim with your Montana registered car? Unless you actually reside in Montana, you could have your claim denied which would suck.

@ban_tik_tok 2 года назад

Ah, there's the answer. I didn't know about this until I saw your video Carl, thanks for bringing this to your subs' attention ! Looking forward to more !

@drsysop Год назад

Many register vehicles also in Oregon, Alaska, Guam & US Virgin Islands & drive them here to avoid Sales Tax & Property/Excise tax as well.

@RetrieverTrainingAlone Год назад

We live in Alaska for 6 months and winter in Montana for 6 months. Registering in Alaska is less expensive for us. No sales tax, no inspection in Alaska also.

@coffeewithcarlaba 10 месяцев назад

👍

@curtismansell5254 Год назад

Regarding insurance. If you are retired and travelling the country. I would think you could make an argument to your insurance company that your 500K RV is ok to have Montana plates (or any other state for that matter) since you drive it all over the country. The argument that the vehicle is primarily driven where your permanent might be really doesn't past muster in that case. Thoughts?

@omarfernandez4561 Год назад

My thoughts exactly. What if you live in your RV full-time. One can go anywhere and work from "home."

@coffeewithcarlaba 10 месяцев назад

@folms110 2 года назад

Good info.

@Fedgery007 9 месяцев назад

If you have a business in Montana and the business owns the vehicle, how is that “illegal” and why would another state have any claim to taxes for a vehicle that the company bought?!

@coffeewithcarlaba 8 месяцев назад

It really depends on the circumstances. If you have a business in Montana and the vehicle is used for business purposes solely in Montana then it is likely okay to do that. If you instead bought the vehicle and registered it with a MT LLC and you drive it elsewhere like in your home state, then penalties and taxes for use will be assigned.

@alexsimon915 Месяц назад

Look at CA DMV code…. These guys are not dumb, the law states it must be registered where it’s garaged after it’s been in CA for 20 days. How will you explain CHP why you running MT plates with your CA license and address? Clearly you are not garaging this car in MT.

@petrolo72 Месяц назад

@@alexsimon915 well the good news is that in our wonderful state of California, especially LA county, we don’t have to worry about too much police pulling us over anymore as there is a few of them and there’s a lot of lawlessness going on. People running red lights, stop signs and doing takeovers with donuts in the middle of the day on the freeway is common.

@alexsimon915 Месяц назад

@@petrolo72 well… not exactly, all of that gets slipped by and yet if you trying to save your hard earned $ from these f up liberals that unlawfully tax things that they’ve already collected tax on then you almost guaranteed to be pulled over by one of these untitled pricks with a gun and give you hell. That’s just crazy this state is, they will let someone commit legit crime while they are arresting you for having out of state plates lol

@alexsimon915 Месяц назад

Same thought…. I’m sure these monkeys at DMV in CA have all sorts of clever explanations …. We need to dump this swamps Longgggg time ago.

@XCVi_MAC 2 года назад

I’ve seen many old school GT-R’s here in CA registered in Montana.

@SIat Год назад

That’s because they don’t want to pay many thousands of dollars to convert them to OBD2. So they gotta register it somewhere

@nismoskylinegtrv 10 месяцев назад

@@SIatthey don't covert them to obd2, they just add catalytic converters and a few mods to pass smog. You can't convert obd0 to obd2

@SIat 10 месяцев назад

@@nismoskylinegtrv per top rank themselves: ‘96 and newer need obd2 conversion. Which goes back to my original point that it’s extremely expensive to convert to it and hence why people illegally register the cars out of state

@nismoskylinegtrv 10 месяцев назад

@SIat they don't convert to obd2 though, I have an R32 GTR and my friend has a cali legal R33 GTR. The question mark of the whole process is how they will adapt the R34 which is obd2 to Cali emissions and they successfully passed a GTT. They tailpipe test the car, and run extensive evap and overall emissions. But they don't convert them to OBD2 if they are OBD1 or OBD0

@p00ks13 Год назад

i want to register my modiefied car out of CA what will be the best way to do it also will i need a new license where the car is going to be registered at

@coffeewithcarlaba 10 месяцев назад

Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss

@11962 Год назад

plan b? how about this....(buy inside of montana LLC, *having an WY LLC own the montana LLC) then having the montana LLC rent the car to you?) so your just renting the car from a Montana company?

@bakobasque Год назад

I like your thought process!

@coffeewithcarlaba 10 месяцев назад

Interesting perspective, thank you for sharing it. 👍

@alexsimon915 Месяц назад

Sounds pretty confusing with a lot of loops lol

@skywerke3 Год назад

great video thanks

@coffeewithcarlaba Год назад

Thank you for watching!

@icenijohn2 20 дней назад

Every single U-Haul truck in the entire country has Arizona plates. What is the specific legal difference between driving a U-Haul truck and driving a car registered to an LLC in Arizona (or Montana...)? In both cases you're just driving a company vehicle, albeit an out-of-state company. Is it because U-Haul's plates are apportioned?

@ryanmatlaga6923 2 года назад

What about using this strategy to register a kit car like the DF Goblin. They can't be registered in all states so many use the montana loophole to just get it registered. Is it more or less sketchy using this strategy for a kit car than a high end car? Also, these kit cars sell for no more than 25k most of the time.

@coffeewithcarlaba 2 года назад

Many states have caught on to the loophole of registering vehicles out-of-state and have passed laws that effectively close the loophole. As a general rule, we recommend registering vehicles in the state where they will be primarily operated.

@Dennis-du4jh Год назад

@@coffeewithcarlaba is Minnesota one of these states? Asking for a friend

@alexsimon915 Месяц назад

All you do is say to your insurance that it’s garaged IN CA but it is a Montana plated veh. Most insurance companies are fine, you have to be very specific and tell them that it is garaged in CA.

@coffeewithcarlaba Месяц назад

I appreciate your take on this!

@ggisold 2 года назад

Got a car a few months back I live in Missouri but theoretically I own a business in Montana would it be ok to register my car through my business in Montana as it would be half the price of what it would be in Missouri

@ggisold 2 года назад

Btw it’s not a super expensive car just cost 23k and don’t want to pay 2k for tags

@coffeewithcarlaba 2 года назад

Most states take the position that vehicles should be registered in the jurisdiction in which they are primarily operated.

@963hz 2 года назад

Thanks Carl!

@coffeewithcarlaba 2 года назад

Thank you for watching!

@963hz 2 года назад

@@coffeewithcarlaba I’m a ABA client! 👍🏼👍🏼

@bugzmoney434 3 месяца назад

But when you start the LLC what address do you use to register your car

@coffeewithcarlaba 3 месяца назад

@tinshedperformance8626 11 месяцев назад

The vehicle could be insured under a blanket insurance if you “own a dealership “. Could be an acre lot.

@alexsimon915 Месяц назад

I think if you have a dealer resale license than you don’t even have to register it at all

@deathbybears Год назад

I live in California but work in Texas. I just bought a car from a guy in Texas, but it's still there. Could I register in Montana to avoid having to drive from Texas to California and back to register it? If so, what sort of insurance would I buy?

@coffeewithcarlaba Год назад

You would need the appropriate level of insurance to meet the minimum standards where the car is registered. You may choose to have the car registered in Montana, and then you will need to comply with those registration requirements.

@zaynekolesar3572 Год назад

What if you did this in california just for the sake of modifying the car in non-carb compliant ways and skipping inspection but still payed california tax on the vehicle?

@xir0gu Год назад

was thinking the exact same thing

@coffeewithcarlaba 10 месяцев назад

I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss

@matthewallen5399 10 месяцев назад

If I come from Australia on a 6 month tourist visa and want to purchase an Rv to tour in would this be an acceptable way to register if i can get insurance?

@coffeewithcarlaba 10 месяцев назад

@marksanchez6006 Год назад

There is a difference between registered state and garaged state

@revnation_auto 7 месяцев назад

Insurance doesn’t care. I did 22 years in the military with out of state registration.

@sethlopez9586 Год назад

I have a good friend of mine that’s in retirement and moved to Montana and has lived there for two years theoretically can’t I give him the money and have him buy it avoiding the 7.25 % tax in California and have it under his name and he transfers it to my name as a gift so there is no transfer fee ?

@coffeewithcarlaba Год назад

We strongly encourage you to sit down with an Anderson advisor or attorney before making a transfer such as this may trigger tax consequences based on the value of the vehicle, and if found out could trigger other potential consequences.

@alexsimon915 Месяц назад

Look up “gift” laws there is still tax and caps of how much vehicle can cost etc…. There is a possibility of fed tax too on “gift”. These assholes get you one way or the other ….

@monicalopez5027 2 года назад

What about military? Service members going to get stationed there?

@coffeewithcarlaba 2 года назад

If you're living in Montana for a period of time, you would not be subject to the same risks as someone registering the property in MT and then using it 100% outside of the state of MT.

@dylanporras2655 Год назад

Im military and i just got permanent trailer registration plates on my 5th wheel. Stationed in IL but live in MO. Exempt from the personal property tax as well since I'm a WA resident.

@alexsimon915 Месяц назад

What I wonder about is what if you bought and registered the car LLC in other state and then “bring it over” here and register in CA…. Do they still tax you? My guess is yes…. Though not even sure how the hell it is legal at all since veh was out of state by LLC that has nothing to do with CA

@coffeewithcarlaba Месяц назад

@kylegunn1816 2 года назад

Getting a new C8 later this year, I appreciate the info!

@coffeewithcarlaba 2 года назад

Thank you and good luck!

@thud9797 2 года назад

Any you're gonna do this Montana scam? Good luck is right.

@weemankyle Год назад

@@thud9797 scam? How

@thud9797 Год назад

@@weemankyle When the car that's in your garage it is domiciled in your home state yet it has a license plate and is registered in another state. That is illegal in most states. Run it by your home state DMV and see what they think about it. Also what are you going to tell your insurance company about why the car is registered in a state a thousand miles away?

@weemankyle Год назад

@@thud9797 but if it is legal and it saves me money, I dont see it as a scam. I wont tell my dmv anything as its not their business its my buisness with Montana dmv, also ill just simply tell my insurance, I called 3 places today for quotes for a bike I just bought, none of them seemed to care.

@DR4SH3R Год назад

What if you live in a state that has no sales tax like New Hampshire and register it in Montana.

@tomveatch2994 Год назад

Since the main benefit of Montana purchase/registration is evading state sales tax, if there is no sales tax to evade in your home state, there is no benefit to the Montana sale/registration.

@josephasdust1506 10 месяцев назад

Well no inspection is a nice boon

@coffeewithcarlaba 10 месяцев назад

@s3np411 4 месяца назад

Most of the time you should still be able to buy insurance in your home state.

@newmanc6619 7 месяцев назад

If tyey have the money to buy one of the expensive vehickes you likeky uave the money to buy property in Montana and then get your drivers license there so if you are atopped and have a Montana drivers license they will never know

@jackreacher9452 Год назад

I'd just move to Montana on paper. So much easier.

@jreavestheleader8255 Год назад

How can you do that though?

@coffeewithcarlaba 10 месяцев назад

👍

@alexsimon915 Месяц назад

@@jreavestheleader8255 don’t think it matters even… he will need DL, proof of address and then if CHP pools over or has records of him driving in CA all the time not sure how he will explain how he lives in MT lol

@GregoryCunningham 6 месяцев назад

Horrible idea, unless you are a multi millionaire who can afford to never file an insurance claim.

@DONKEDONKA Год назад

Why should they even care

@coffeewithcarlaba Год назад

We mention the benefits in the video. There are several advantages to registering ones vehicle in Montana. If you have any questions, please let us know.

@ryder825 Год назад

I don't ever recall my insurance asking about where my car is registered. They just want my VIN and my address. That's it. So I'm not sure why the insurance would even need a Montana address which is what some claim will trip them up. Just give them your home state address. If you own the car outright I don't even see why they'd ask for the title.