Wilkens - good question about "boat and the trailer or just the boat price"
It has finally dawned on me (after 50 years) that when you go to the DMV to
register your new boat - - - they ask you, "how much did you pay for it" ??
I'm probably correct that 90% or more of us say, (ie) $1500.00 . . .
and you pay the tax every year on that $1500.00 purchase.
When actually, you paid that $1500.00 for the boat, motor, trailer, and all the steering gear
boating gear, anchors, ropes, winch, trolling motor, fish finders, yada yada yada which are
all considered "expendable" items...... they break, you get another one.
the BOAT HULL itself is what you are registering and paying the tax on - not the incidentals.
So, even tho you paid one lump sum for the package, it is a good idea to break it down for
tax purposes.... then, you have to get a tag for the trailer, same scenario, try to break it down
information wise for the taxes . . . . same with the motor, if your state requires that the motor
be registered also...... (don't include gas tanks, batteries, etc.).
just something to think about and not pay taxes on something that is not necessarily taxable.
for example: $3,000 for boat, motor, trailer package.
take your time, get a pencil and paper, and try to itemize
what each major item costs..... and what the DMV is going to register for you.
boat hull (without decking and carpets).
25hp motor
trolling motor
fish finders
rod holders
anchor
bimini top
boat cover
batteries
gas tanks
bilge/water pumps
etcetera etcetera etcetera
This information is just for when you buy your NEXT boat - of what to consider.
jus my Dos Centavos
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