|Topic Review (Newest First)|
|05-02-2007 03:01 PM|
I think you have to register in Michigan
I'm in Michigan also and I believe that any boat over 19 feet has to be titled and registered in Michigan (and sales tax paid) regardless of whether the vessel is documented or not.
Michigan watercraft registration requirements are located here:
SOS - Watercraft
|05-01-2007 07:28 PM|
|sailingdog||Ummm.. your best bet is to call the USCG and ask them exactly what fees you need to pay. If the fees aren't paid properly, it can tie up your paperwork for a good long while. Saw a friend miss one of the $8.00 fees and took three months to straighten it out. That's one reason the documentation services are sometimes worth the extra money.|
|05-01-2007 06:49 PM|
There is a GREAT summation of several sources (Sailnet included) on this topic here: Costs Of Buying And Cruising On A Boat. The topic is even disected into the tax ramifications for several states.
In a nutshell: US Coast Guard FAQ about documenting a vessel. Costs about $85.
USCG table of fees.
|05-01-2007 06:26 PM|
As previously mentioned, if the the boat is currently documented, it is very simple to change the documentation to you.
The forms are available on the Coast Guard web site. You will need the bill of sale, and it must be notarized.
The documentation fee is about $100. Note that if you want to change the name of the boat you should do that at the same time you change the documentation from the old owner to you. Otherwise you will have to spend another $100 to change the name.
|05-01-2007 06:02 PM|
|tommyt||Michigan is a sales tax state. No property tax on boats. Of course, the state is just about broke and getting worse. The gov wants to raise taxes to remedy things, not do the hard thing and control costs.|
|05-01-2007 05:45 PM|
The big issue regarding documentation is whether the boat has been documented by the prior owner. If the boat IS documented, transferring the documentation to your name is not a big issue, can you can have a professional do it for $2-300, or I guess you can do it yourself..
If the boat is not presently documented, the process is more difficult, and even most difficult if the boat was built outside theUSA or if the builder is out of business. Here's a prior thread..
PS= remember that visiting Canada is leaving the USA.
|05-01-2007 05:02 PM|
|TrueBlue||With some States, including RI, boats are exempt from property and sales tax. When adopted in the early '90s, this was a huge boost for Rhode Island's maritime industries.|
|05-01-2007 04:57 PM|
Originally Posted by jackytdunaway
|05-01-2007 04:40 PM|
|Freesail99||Some states if your boat is documented, you still must have numbers on the side of your dinkny is it has a motor on it.|
|05-01-2007 04:31 PM|
|jackytdunaway||What is the tax imapct. Your state will charge prperty tax if it is registered. Will they charge you property tax if it just documented and not registered|
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