www.iFourWinns.com

I am about to settle up with the tax commissioner on the 2000 406 Carver motor yacht that I sold in May of 2008. After having to write a $10,000 check to get rid of the boat, I didn't have enough money to pay the tax commissioner until now (I was actually hoping they would forget about me). Those assholes were nailing me $1,980 a year in ad valorem tax on a $189,000 value. When I contested the value, the jerks jacked it up to $199,000 in 2008. I was able to sell her for $175,000 last year so do I still have to pay the tax on the value that the assholes estimated her for or do I pay on what I sold her for? Any experience in this matter would be greatly appreciated. Also, excuse my language but I do hate the government(s).

_________________

Current Boat: 2000 Four Winns 298 Vista
Previous Boat: 2000 Carver 406MY

You should be able to file a protest on it. Take all your paper work, etc to the hearing.

I solved the problem with Kansas and personal property tax. I don't title anything here.

_________________
1992 Baja 38 Special Twin 502 Mags

03 Stingray 3.0
88 261 Liberator 460 King Cobras
95 Bayliner 1850 3.0
77 Fiber Form 20ft 350/385hp
70 Wescraft 1800 SS 455 Jet

Lead, Follow, or get the Hell out of the Way!

Most states only allow a very narrow window of time to protest the tax basis of an asset.


Steve

Is ad valorem tax the same as personal property tax? The folks in the slip next to me were paying 5K/yr to the state of VA for ppt!! This was on a Monteray, 2' longer than mine.

_________________
V475
Chris Craft Catalina 23 w/ 300 G2
Previously-V338, 248 Vista, H210

Yes, ad valorem is a property tax here in Georgia as well and I paid more on my 406 Carver MY than on my house (I am able to at least file a homestead exemption on my primary residence). Ad valorem on a boat is a joke and for you future boat owners, do what you can to avoid letting the county know that you have made a purchase. Again, I hate the gov't and don't give a shit if they read this as they did not provide $1,980 worth of services for me each year that I owned the boat.

_________________

Current Boat: 2000 Four Winns 298 Vista
Previous Boat: 2000 Carver 406MY

Where I live in California it is slightly more than 1%. Other counties are closer to 2%.

The fact that we as a nation have become so willing to pay tax after tax is surely a sad state of affairs.

_________________
2005 Four Winns Horizon 200