dickp
Well-Known Member
- First Name
- Dick
- Joined
- Apr 11, 2021
- Threads
- 25
- Messages
- 361
- Reaction score
- 237
- Location
- VA
- Website
- www.dickpitini.com
- Vehicles
- 2022 Taycan CT4
- Thread starter
- #16
Working with my tax accountant, it is looking like the pass through of the $7,500 credit from the LLC to my personal return can be accomplished?? As far as companies to set up the LLC and register the Taycan in Montana, take a look at these sites: https://www.montanacorporate.com/index.aspLet us know if you find a reputable company. There used to be a few “automobile trusts” that you could join, but last I looked they were all forced to shut down. I considered jointly purchasing my car with a family member who lives in NJ which enjoys no sales tax on EVs and reasonable annual fees, or creating my own trust for this purpose. In the end, I decided to just bend over and take it. It impacts insurance and the ability to claim the $7500 credit.
https://www.49dollarmontanaregisteredagent.com/order/vehicle-llc
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