The boat I hope to buy if everything goes as plan with selling my boat is Documented so what do I need to do .
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Agreed with both replies assuming you meant Coast Guard Documentation.
I did not document mine though the previous PO did. I did my research and did not see the value for me. I registered mine with the state it's slipped in.
This may help:
https://www.boatus.com/expert-advic...mber/us-coast-guard-vessel-documentation-faqs
Good question, sellers broker did all of the paperwork. I will follow up with him.@mrsrobinson
did you cancel the CG Documentation?
If not, (im no lawyer nor do i play one on tv) i think the CG believes the boat belongs to prev owner....
Good question, sellers broker did all of the paperwork. I will follow up with him.
Can't speak about Virginia, but documenting saved me over $4,000 in sales tax.Agreed with both replies assuming you meant Coast Guard Documentation.
I did not document mine though the previous PO did. I did my research and did not see the value for me. I registered mine with the state it's slipped in.
This may help:
https://www.boatus.com/expert-advic...mber/us-coast-guard-vessel-documentation-faqs
Can't speak about Virginia, but documenting saved me over $4,000 in sales tax.
Documented. Did it myself. Actually started the process through a phone call to USCG.
Processing time is/was slow. Started in late October and completed in February.
Now, I need to figure out how and when to renew.
That might be a per-state thing. I had to pay full sales tax in NY. I don't have to display state registration numbers, but NY still wants their registration fee and to display their tax sticker.Can't speak about Virginia, but documenting saved me over $4,000 in sales tax.
I DID have to pay "sales" tax. But in Missouri when you document a boat, we have what they call a replacement tax. So if I had not documented my boat my sales tax would have been roughly $5,400. Documenting my boat kicked in the replacement tax, which was $1,400. I do still have to register the boat in MO so they can get their $100 every 2 years.That might be a per-state thing. I had to pay full sales tax in NY. I don't have to display state registration numbers, but NY still wants their registration fee and to display their tax sticker.