SoCal Jet Boats
Discussion => The No Wake Zone => Topic started by: bkplesh on June 08, 2008, 12:34:11 PM
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Am I the only one >:(
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Not me ;D
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Not me ;D
Me either.................... ::)
2sav
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or me
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I think it works on dollar value, but I am not a tax man.
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ok, It must not be a jet boat thing ;D And for the not me guys, what kind of boat do you have? >:D
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ok, It must not be a jet boat thing ;D And for the not me guys, what kind of boat do you have? >:D
Jet boat , duh....... ;D
2sav
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Every boat I have ever owned came home as a pile of trash that made people say "what are you going to do with that?" so nothing I own was ever worth anything substantial. That's why I am always putting back together the boats, if the taxman ever did show up maybe he would give me pity money ;D
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I'm just tired of paying it :mad:
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Is this something that your tax person says you need to pay?
Most of the stuff I found on Google about luxury taxes for boats was something started in 1991 and stopped a short time later only for boats over $100,000 and only paid at time of purchase.
It sounds like your getting screwed :banghead:
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majorly screwed :screwy:
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I pay a unsecured property tax on the boat, which goes to the San Diego County Tax Collector. It's down to 54.00 this year for the Advantage.
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I pay 380. What's the cut off line?
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i dont even insure mine..haha
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i pay 84.00 on the 86 eliminator that is 26ft if size matters or is it by age or even weight like autos fees
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I pay about twenty cents a gallon and pay as I go. ;D
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I used to pay 30.00 for my old jet boat. the new boat is reg. in AZ. I think it has to do with the area you live in.
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i dont even insure mine..haha
maybe that's what I'm doing wrong :banghead:
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Thought it was interesting, so did a search, found last luxury tax info was about a repeal of the law in regards to boats and planes, the limit was $100,000 for boats, (That means I can put over $97,000 in my boat!) any way, you might call you tax guru, because as far as California is concerned, it seems you didn't need to pay it, unless it is a county use thing?
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if it's a county thing, I just sold my boat ;D
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luckly for me, they go by what I paid for my Tahiti. And I genuinely paid $200 for boat and trailer :D. So no luxury tax ;D
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I just got a bill $98. Dumb
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i dont even insure mine..haha
It's based off of registration...not insurance....isnt it? ::) You guy's dont even have liability or medical insurance on your boat for your ski'ers and rider's? :screwy:
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NOPE!!! probably should but screw it
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My insurance only cost me $189 a year (told them it has 200hp) PL+PD.
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It's based off of registration...not insurance....isnt it? ::) You guy's dont even have liability or medical insurance on your boat for your ski'ers and rider's? :screwy:
screw that, what aboat other boat or if you hit someone :screwy:
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Just so ya know....I have that type thru Mercury for my 18 1/2 ft Challenger BBC w/Jacuzzi...I pay $213 a year! ;D It's just a piece of mind havin' it.... I have had 9 different boat's and insured every one of them... Thank God I have never needed it..but as I said...It just gives me a piece of mind! ;D ;)
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My insurance only cost me $189 a year (told them it has 200hp) PL+PD.
on my old jet, it was $98 a year and I told them it was a 500hp motor. But the boat didn't go over 50mph ;D ;D :o
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Should of called Geico :banghead:
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Now that I think about it that covers both boats ;D
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I have it on my twin and its like 800 and same thing every six months :banghead:
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i get dinged in orange county for the assessed value of my Ultra. I managed to get the tax reduced the first year i owned it since i was able to prove that i bought it as a bare hull. But by '06 the county assumed the boat was complete and running, which it was, and then re assessed its value.
i think i pay about 280 bucks a year.
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TAXES !
Luxury tax varies cty to cty in Cally and unless your a dealer is assesed annualy based on your original purchase price they survey (tax assessor) you when it goes thru CA DMV or get they the info from the Dlr report of sale ) if you don't pay it it accrues interest like a saving bond and will "lock up the title" with a tax lein which if sold by a private party gets handed down to the new unsuspecting purchaser as a "blind-side" when he/she goes to try to register it , As a dealer we can request lein info thru DMV prior to trade in/purchase We occasionally get dinged even though ,once bought a Sanger Flat for $100 that had $800 in back taxes due Monterey county :banghead:
Tom
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so, what if the dealer's out of business or the dealer's your friend?
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makes me glad my boat is too old and was too cheap for luxury tax. I don't have insurance either, but I was told my boat can't be insured. All of its occupants have health insurance though. *shrug* I rarely go out on weekends so I don't worry about it too much.
~Brian
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so, what if the dealer's out of business or the dealer's your friend?
If the dealer reported the sale to Ca Dmv ,they (DMV) report to the individual county tax colletor so the dealer is out of the loop anyhow , if the dealers is "your friend and wants to lose his/her bonding (neccesary to keep thier doors open and avoid jail ) I suppose they could under report and "fudge" at the risk of ,tax evasion ,fraud charges , loss of license ,jail time,fines etc etc . Every time you as seller (dealer or not ,put your name/signature to paper as a private sale or dealer your swearing under penaty of purjury (sp) to whatever .Law enforcement would rather chase down and prosecute those crimes than drug rings , thieves etc IMO (simpler) . Just state and contest the assesed valueif neccesary and pay what you owe ,you do the next purchaser a favor and do not have to look over your shoulder. I regularly get "cant you just say I paid this..." sorry not worth it Bro Here the charges this is the bottom line . Sorry if this seems harsh ,its just the reality Tom