Quote:
Originally Posted by serpa4
In a couple years, I plan to spend up to 350k. I have a small condo I own in Colorado and utilities I pay there. I'm not a resident right now, but could be one quickly. Their excise/use tax is 2.9%, so wouldn't be too much money. I hope it works this way, but need to research more.
What if you bought land in Montana and established a residency there? I had land for only $1500 bucks and became a resident with a PO box. No sales tax at all. This was done with an RV and cars, but was military at that time. Now I'm retired in New Mexico and will keep the boat in Texas for 6-8 months till refitted and then sailing off along the coconut milk run. |
FYI. Texas Parks and Wildlife regarding boat titling,
registration and taxation.
https://tpwd.texas.gov/faq/fishboat/..._titles/#faq13
Out-of-State
Registration
Can I use my boat in Texas if it is registered in another state?
If you have a boat registered or titled in your name in another state you may operate the vessel up to 90 consecutive days with
current out-of-state registration.
How do I register my boat in Texas if it is already registered and/or titled in another state?
If you currently have your boat registered and/or titled in your name in another state you can transfer the registration/title to Texas. You must transfer your registration and title within 90 days.
I bought a boat and/or
outboard motor that's registered and/or titled in another state. How do I transfer
ownership and get Texas boat registration/title and/or Texas
outboard motor title?
The seller must:
Complete the tax affidavit portion of the Vessel Application form PWD 143 media download(PDF 259.1 KB) and/or Outboard Motor Application form PWD 144 media download(PDF 172.5 KB), sign and date each form; and
Out-of-state title (if title state) or out-of state registration card (if registration only state) must be properly assigned by the seller (seller must sign, date, and show the name of the purchaser).
The purchaser must:
Complete the rest of the application in the new owner's name, sign and date;
Submit verification of the
serial numbers by completing form PWD 504 media download(PDF 241.8 KB) (pencil tracing of the boat hull/identification AND/OR motor identification/serial number); and
Submit application(s), assigned registration/title(s), supporting documents, required
fees and tax within 20 working days to Texas Parks & Wildlife Headquarters in Austin, a Texas Parks & Wildlife Law Enforcement field office or a participating County Tax Assessor-Collector office.
Applications for transfer of title and
ownership must be filed not later than 20 working days from date of
purchase, or tax penalties and interest will be applied.
Titles, Registration and Tax
Titling Requirements
Parks and Wildlife Code states:
"Sec. 31.045. OWNERSHIP OF VESSELS AND OUTBOARD MOTORS; CERTIFICATES OF TITLE.
a. The ownership of a vessel or of an outboard motor is evidenced by a certificate of title issued by the department, unless the vessel or the outboard motor is new.
b. The ownership of a new vessel or a new outboard motor is evidenced by a manufacturer's or an importer's certificate executed on a form prescribed by the department.
c. Separate certificates of title are required for vessels and for outboard motors.”
Effective January 1, 1994, all motorboats and all outboard motors must be titled. Also sailboats 14 feet and over in length must be titled.
All motorized
boats, regardless of length;
All sailboats 14 feet in length or longer or any sailboat with an auxiliary engine(s); and
All internal combustion (gasoline/diesel/propane powered) outboard motors must be titled.
Boat trailers are handled through your local County Tax office.
New Requirements - September 12, 2016
Code of Federal
Regulations, Title 33
Navigation & Navigable Waters, Section 174 will require the collection and recording of:
A VALID DRIVERS
LICENSE NUMBER and DATE OF BIRTH for individuals
OR
FEDERAL EMPLOYER IDENTIFICATION NUMBER (EIN) for companies/businesses/trusts/estates/other entities
(NOT Texas State Comptroller tax identification number)
to process the following transactions:
ALL Boat Registration Renewals
ALL Title Ownership Transfers for Boat or Motor
ALL Titling/Registration of Boat or Motor (not previously on TPWD record)
Purchasing Used Vessels/Outboard Motors: DO NOT
purchase a used vessel/boat or outboard motor without receiving a title signed on the front and back along with a bill of
sale from the person(s) listed on the title or from their legally documented representative. If a
legal representative signs the title for the recorded owner(s), you must obtain a copy of the
documentation authorizing them to act on behalf of the owner(s). Texas Parks and Wildlife is not authorized to register/title boat trailers, those are handled by the Texas Department of Motor Vehicles through your local County Tax offices.
Exempted Vessels:
USCG Documented vessels are exempt from titling with the State.
Non-motorized canoes, kayaks, punts, rowboats, or rubber rafts (regardless of length) when paddled, poled, or oared and sailboats under 14 feet in length when windblown. Adding an outboard or trolling motor to one of these types requires titling and registration.
A non-motorized vessel may have previously been titled as a motorboat. You can check whether a title has been issued for free - Query Ownership
Registration Requirements
The following vessels/boats when on Texas public
water are required to have
current registration, including when docked, moored, or stored:
All motorized
boats, regardless of length;
All sailboats 14 feet in length or longer or any sailboat with an auxiliary engine(s); and
USCG Documented vessels.
Registration is valid for a two-year period.
Exempted vessels:
Non-motorized canoes, kayaks, punts, rowboats, or rubber rafts (regardless of length) when paddled, poled, or oared and sailboats under 14 feet in length when windblown. Adding an outboard or trolling motor to one of these types requires titling and registration.
An exempt vessel may have previously been titled as a motorboat. You can check whether a title has been issued for free - Query Ownership
Registration of USCG Documented Vessels
Effective January 1, 2004, vessels documented by the U.S. Coast Guard are required to have state registration.
USCG Documented Exempted Vessels:
Commercial tugboats;
Vessels exceeding 115 feet in length; and
Pilot or crew boats transporting freight, supplies, or personnel to or from cargo ships, freighters, or
offshore oil infrastructure.
Placement of TX Number and Decal on Vessels:
TX # and validation decal to be placed each side of the vessel, near the bow, in such a position as to provide easy identification.
The number must read from left to right, be in block characters of good proportion not less than three inches in height and be of a color that contrasts with the color of the vessel.
The numerals must be separated from the prefix and suffix by hyphens or equivalent spaces such as the following example: TX 0001 GG or TX-0001-GG.
The validation decal must be affixed in a line and within three (3) inches towards the rear of the boat from the registration number (an example is shown on the decal document).
Vessels registered as antique boats are permitted to display the registration decal on the left portion of the windshield. In the absence of a windshield, the registration decal must be attached to the certificate of number and made available for
inspection when the boat is operated on public
water.
USCG Documented Vessels:
May display ONLY the validation decal (not the Registration (TX) Number) on both sides of the bow of the vessel; and
Must maintain current USCG
Documentation.
Certificate of Number (registration) ID Card
A Certificate of Number ID Card is issued at the time of registration (with decals).
Must always be aboard and available for
inspection by an enforcement officer;
Is valid for the two-year period shown on the card; and
Must also be aboard USCG Documented vessels that require registration.
Tax and Bill of
Sale Requirements
Boat and Motor Tax:
TPWD is required by law to collect tax for vessels/boats (65 feet or less in length*) and outboard motors purchased in Texas or first used in Texas on or after January 1, 2000. The tax rate is 6.25% of the sales
price. Tax is assessed at the time of registration/title transfer and is due within 20 days from the date of sale or date brought to Texas. Applications filed later than 20 working days are subject to tax penalties and interest. A bill of sale or invoice is required for every transfer of ownership. Trailers are handled through your local County Tax office and the
price of the
trailer must be separated from the price of the boat and motor. One of the following is acceptable to meet the bill of sale or invoice requirement:
Form PWD 143/144 application - sales price (not including trailer), date of sale, and trade-in information must be completed and signed by the seller.
Handwritten Receipt or Sales Invoice - must contain date of sale, sales price (not including trailer), description of vessel and/or outboard motor (make,
serial number, and model year), purchaser’s name(s), and seller's signature(s).
Back of TPWD (brown) title completed with sales price, the name of the purchaser(s) and signature of the owner(s) listed on the front of the title or from their legally documented representative. (Older blue and green title formats do not have spaces for the bill of sale on the back).
*The purchaser of a vessel longer than 65 feet is required to pay sales and use tax to a permitted seller or directly to the Texas State Comptroller of Public Accounts (not TPWD).
New Resident Tax - $15.00 New Resident tax is assessed (not sales tax) for owners bringing their previously titled or registered boat and/or outboard motor from another state into Texas.
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