View Full Version : Michigan Taxes...
Trueser
12-01-2005, 02:27 PM
When trading in a Boat on a new Boat the dealer is telling us that we need to pay tax on the whole amount not just the trade difference. I guess this just started this year.
Is this true? That is like paying TAX twice.
Rootsy
12-01-2005, 02:38 PM
sales tax for the FULL purchase amount of the boat... and you can't screw the SOS the bastards.. they do some kinda "bluebook" thing.. pisses me off
roadtrip se
12-01-2005, 06:26 PM
when I traded Excursions this year. Sucks...
TuxedoPk
12-01-2005, 06:35 PM
NY has its own way of multiple taxation when it comes to real estate.
There is a 1.05% mortgage tax that people pay whenever they take out or refinance a mortgage with a different lender!
DAULEY
12-01-2005, 07:39 PM
wis sucks too on property taxes my taxes went up 150%
wis sucks too on property taxes my taxes went up 150%
Mine went up over 100% this year.:fire:
RedDog
12-01-2005, 08:46 PM
When trading in a Boat on a new Boat the dealer is telling us that we need to pay tax on the whole amount not just the trade difference. I guess this just started this year.
Is this true? That is like paying TAX twice.
I hope that is just a local thing to you. I have never had to do that in TN. But I haven't bought a vehicle via trade in in almost 2 years
18FOOTER
12-04-2005, 09:46 AM
Michigan has been that way on all types of vehicles since the early 80's.
Brad Lyon
12-09-2005, 08:32 PM
I'm not sure about this but I don't think you would pay any Michigan tax if you plan on taking it back to Illinois. I am going to Kansas City MO tomorrow to pick up a new car for my wife and I am not paying any tax until I register it in Michigan.
Brad
Trueser
12-09-2005, 11:15 PM
We keep this boat in Michigan and paid the piper.
Otherwise the 30day rule comes in play.
And we dont need to mess with the man.
We only pay tax on the cash differance in the purcahse price on boats and cars.
But out real estate tax is high in NY, our house is a nice but plain 4 bed 2 bath cape. We are just under 6k and getting bumped very regular.
Phil
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