If you keep the boat in FL more than 90 days after purchase
- you pay the tax or run for the rest of your life. FL is a tough state on boats. In fact you'll need to prove you left the state with the boat in less than 90 days or you owe the tax - period. Two neighbors had to prove it after bringing the boats home VA. There is no court trial either.
If you can haul the boat to DE you can be free of boat taxes
, but FL will follow after you because you bought it there. Use tax is based on where the boat is not where you live or say you live or pretend to live. All 50 states have their own little twists to the game
so all states are a bit unique though many are similar.
Setting up the company after you bought the boat is interesting. Think about that. Do you think a really dumb tax collector is going to accept that? Setting up companies is something you might try before you buy the boat so the money
isn't coming from your personal account. When dealing with commercial
taxes the game
changes but you bought the boat not a company. Transfering the boat to a company won't change the fact of record
that you personally bought it.
to someone that ran an add in a sailing magazine saying you can beat use taxes just shouldn't sound that sensible should it? Asking strangers on the internet
if the guy in the magazine is legitimate is maybe not much better but we won't ask you for any money. I'm sure he will.
Once you can get that all worked out you can find lots of great sailing infomation here. We have folks all over the world - even from Texas
. We really do try to help each other as much as we can. Sorry about your taxes but I sure hope you like your boat.