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View Full Version : Question....need answers....GOT EM??



Sangerdude
07-19-2006, 08:18 PM
I have found a donor boat for a motor and drive for a houseboat...how do you purchase it without having to register it and pay taxes and all that B.S. when I just want to scrap the boat and use the guts for the BIG BOAT? Does this all make sense?
Thanks to one and all....
Bill

Howie Feltersnatch
07-19-2006, 08:34 PM
If you're not going to use the boat then pay cash, don't title it & you won't have to pay any taxes.

Sangerdude
07-19-2006, 08:42 PM
So no need to worry about any paperwork that is sent in by the seller? I have never done this, as you can tell, so just getting info to make this a easy transaction...
Thanks again,
Bill

FryJet
07-19-2006, 08:50 PM
A release of liability is all the other party sends in. You get the pink, dont register it and there will be no tax fees. Keep what you need and throw the rest away. If you sell it to a scrap yard they might require a pink or a bill of sale but then you are done.
F.J.