Hi there

Two states are well known for no sales tax on aircraft boats and other vehicles.

1. Create a corporation (you can do this yourself)
2. Use Nevada or Delaware
3. Get a registered agent. (About $125/year)
4. Register vehicle in the corp name

Smile all the way to the bank
  TOTALLY LEGAL

Where I live the tax would be 8 5/8%. That buys a lot of free lunches

Peter

> To: lml@lancaironline.net
> Date: Thu, 29 Aug 2013 16:27:35 -0400
> From: dconkey@conksite.com
> Subject: [LML] LLC for Insurance
>
> It appears I may have to create an LLC in another state in order to obtain insurance for our California based Turbine. The only Company (Meadowbrook) that will insure the plane does not have authorization for CA.
>
> Anyone on the list have experience doing this? The pitfalls and best way to go about doing this? Looking at Nevada for the LLC.
>
> BTW, we just had our first starts of the engine this weekend. It went well. Link below.
>
> http://www.youtube.com/watch?v=ppsSJB0kvXw
>
> Thanks,
>
> Denis
> N750PJ
>
> Sent from my iPad
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