T&T: Delaware Corp ownership question

Carolyn Chancellor clchancellor at charter.net
Tue Jun 3 16:12:40 EDT 2008


Thanks for the feedback.  As I suspected, the corporate thing doesn't 
help with taxes.  Our main interest in an LLC ownership is for better 
liability protection.  I am slowly sorting out the rules & regs that 
will pertain to us living in Texas.  Looks like we will owe a sales/use 
tax 90 days after bringing the boat to Texas.  The boat can still 
legally be documented as a Delaware boat with the USCG and will show a 
Delaware city as it's "home port" but with a TX registration sticker.

Carolyn


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