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Thread: Sales tax for private party purchase?

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    Default Sales tax for private party purchase?


    Anyone buy a used boat lately and have experience on this? I thought several years ago you only had to pay taxes on the trailer, but believe it is different now.


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    Last edited by "D"; 05-05-2020 at 11:44 AM.
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    yeap ------ join the crowd ----- trailer, boat, and motor 25 hp and above TAXES ARE REQUIRED. To get it registered in Louisiana have to show that the taxes was paid. Even if it's not new and was bought from another state ---- LOUISIANA TAXES HAVE TO BE PAID (or proof that they were paid) on the estimated value to get it registered in Louisiana.
    Last edited by zig zag; 05-04-2020 at 10:05 AM.
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    Been a while since I have bought any boat. I would try to get a bill of sale for the trailer and one for the boat and any extras the tax rates may be different. Sales tax as opposed to road taxes

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    Quote Originally Posted by zig zag View Post
    yeap ------ join the crowd ----- trailer, boat, and motor 25 hp and above TAXES ARE REQUIRED. To get it registered in Louisiana have to show that the taxes was paid. Even if it's not new and was bought from another state ---- LOUISIANA TAXES HAVE TO BE PAID (or proof that they were paid) on the estimated value to get it registered in Louisiana.
    Not completely true. It used to be no sales tax on private boat purchases and then they changed it. There was a big uproar about it and they changed it back. Now, you get the private party form from department of revenue, I think, and bring it to your local sales tax office and they stamp it for you. Then you bring that to LaWLF (or a title place) and they'll issue you a boat registration and title. As for trailer, I think you do pay taxes based on value and then DMV issues the title/registration on that. Get two separate bills of sale if you can because both places require an original bill of sale.

    I'd recommend calling a title place to confirm all of this before you do all of the paperwork!

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    I had to have 3 separate bills of sale: boat , motor , trailer. Better yet, pass an act of donation on all 3. Nobody will know the difference.

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    Quote Originally Posted by Dapet View Post
    I had to have 3 separate bills of sale: boat , motor , trailer. Better yet, pass an act of donation on all 3. Nobody will know the difference.
    It's a pain in the butt, for sure.

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    I assume I will need a notary too or just witnesses? Hoping to get away with signing the back of the titles. Nevertheless, in the market for a new-to-me boat.


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    Quote Originally Posted by Dapet View Post
    I had to have 3 separate bills of sale: boat , motor , trailer. Better yet, pass an act of donation on all 3. Nobody will know the difference.
    Act of donation only works for immediate family. Father/Mother to Son/Daughter or vice versa. And yes you will need a notary.
    Last edited by "D"; 05-05-2020 at 11:46 AM.
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    Dwayne, I gave a car to a nephew using act of donation. But that was a few years ago.
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    Quote Originally Posted by "D" View Post
    Dwayne, I gave a car to a nephew using act of donation. But that was a few years ago.
    He won't really need to do that. It's ok to put whatever price on the boat because sales tax is exempted for person to person "occasional" sales. I'd put a small price on the trailer, though, as I think you will pay tax based on the value of the trailer and then have to get the tag for that.
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