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Discussion => The No Wake Zone => Topic started by: dat1dsm on March 20, 2015, 01:42:22 AM

Title: Vessel property statement
Post by: dat1dsm on March 20, 2015, 01:42:22 AM
Anybody ever heard of this? I'm new to owning a boat.  well actually I got my own first boat last year and today I got a letter in mail about vessel property statement.  Something about taxes. Any of you felt with this before?  Is this like renewing the tags or something?
Title: Vessel property statement
Post by: Kroggy3771 on March 20, 2015, 01:54:34 AM
I got one as well this year after buying my boat new last year. Basically you have to pay luxury property taxes on boats every single year


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Title: Re: Vessel property statement
Post by: BoatsNhoes on March 20, 2015, 08:07:53 AM
Are both if your boats registered in Ca. ???


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Title: Re: Vessel property statement
Post by: BoatsNhoes on March 20, 2015, 08:09:36 AM
Are both of your boats registered in Ca.???   Sorry dam auto spell .


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Title: Re: Vessel property statement
Post by: tunnels on March 20, 2015, 08:28:17 AM
Don't boats depreciate 99% after the first year and then climb back up in value at time of resale?
Title: Re: Vessel property statement
Post by: dat1dsm on March 20, 2015, 09:25:46 AM
Ya mine is registered on California.  So i gotta pay for what again?
Title: Re: Vessel property statement
Post by: Mrblueeyesnick on March 20, 2015, 09:58:01 AM

Ya mine is registered on California.  So i gotta pay for what again?
California has a state luxury tax. A boat is a luxury in the state of California. So you have to pay taxes on your boat every year


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Title: Re: Vessel property statement
Post by: dat1dsm on March 20, 2015, 09:59:03 AM
Do you know how or what  they base their price on?
Title: Re: Vessel property statement
Post by: BoatsNhoes on March 20, 2015, 10:02:59 AM
Yup that's it"" my float is registered in Az. As a non resident. Just to avoid being jammed by ca high luxury tax"


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Title: Re: Vessel property statement
Post by: Mrblueeyesnick on March 20, 2015, 10:08:48 AM
They base it off of the purchase price of the item. In this case it's the price that you payed for the boat.


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Title: Re: Vessel property statement
Post by: 76NORDIC on March 20, 2015, 11:02:16 AM
California has a state luxury tax. A boat is a luxury in the state of California. So you have to pay taxes on your boat every year


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         Yup even jet skis, had to pay it on my standups.  :mad: :mad: :mad:
Title: Re: Vessel property statement
Post by: Mrblueeyesnick on March 20, 2015, 11:04:32 AM
The only way I have found to get around it is if the vessel is gifted to you. I got my grandfathers boat after he died, it was gifted to me and I never had to pay luxury tax


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Title: Re: Vessel property statement
Post by: dat1dsm on March 20, 2015, 11:05:19 AM
Well how would they know how much I paid for it? Or how can I proven it was gifted
Title: Re: Vessel property statement
Post by: sevans01 on March 20, 2015, 12:04:33 PM

Well how would they know how much I paid for it? Or how can I proven it was gifted

They get the pice when you register it. Filling out the pink slip there's a area that ask purchase price. That's where you'd also put gift. In riverside county once the boat value gets to a certain dollar amount you no longer have to pay the tax, also the tax should go down every year.  Gooooo Cali! 👎


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Title: Re: Vessel property statement
Post by: dat1dsm on March 20, 2015, 12:34:47 PM
Ok cool.  I think I had put like $300 or so since it was just the hull. And do I go to dmv and do this or do I send it the the adress the envelope came in which is my county's assessor recorder?
Title: Re: Vessel property statement
Post by: sevans01 on March 20, 2015, 12:51:39 PM
I would think send it to the county assessor. Thats where we send ours.


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Title: Re: Vessel property statement
Post by: Mrblueeyesnick on March 20, 2015, 01:00:20 PM
I would send it to what the envelop says. By. The way how is my uncles old boat doing


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Title: Re: Vessel property statement
Post by: 76NORDIC on March 20, 2015, 02:06:08 PM
Oh ya, don't think that you can get away without paying it either. I should know :screwy: :screwy:
Title: Re: Vessel property statement
Post by: dat1dsm on March 20, 2015, 07:16:16 PM


I would send it to what the envelop says. By. The way how is my uncles old boat doing


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It's still hasn't seen water for more than 35min lol but it will be soon.  Got a new 454 I gotta slap on. Bored n new cam and all that stuff


I would think send it to the county assessor. Thats where we send ours.


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Ok. I'm confused now,  do I have to pay anything or do I just full out the form. Wants to know what size engine n make and where its being stored and all that.

Title: Re: Vessel property statement
Post by: Mrblueeyesnick on March 20, 2015, 07:42:14 PM


It's still hasn't seen water for more than 35min lol but it will be soon.  Got a new 454 I gotta slap on. Bored n new cam and all that stuff
Cool, well remember when you decide you want something else let me know. I have wanted that boat since I was 11. Here is a picture of it in 1994 I'm the second kid in the back seat.


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Title: Re: Vessel property statement
Post by: dat1dsm on March 20, 2015, 07:46:18 PM
Ahh man. That's crazy.  It's cool to see pics of it from back then. I have the same exact color scoop on it now too that I grabbed from my old motor
Title: Re: Vessel property statement
Post by: Mrblueeyesnick on March 20, 2015, 07:53:18 PM
Yeah we had a lot of good summers in that boat. But yeah when your ready to sell it let me know lol


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Title: Re: Vessel property statement
Post by: dat1dsm on March 21, 2015, 02:13:49 AM
Lmao. Ok. I still have your number saved(https://www.socaljetboats.com/proxy.php?request=http%3A%2F%2Ftapatalk.imageshack.com%2Fv2%2F15%2F03%2F21%2F4bbee06aa266d9afffba376623cd7486.jpg&hash=a9f70b1c87698f03d6c6ffe8412d23ec1558e8fa)
Title: Re: Vessel property statement
Post by: aquaholic72 on March 21, 2015, 02:41:06 AM
Im really confused.. iv had my boat for 3 years now and i just pay my 50 dollar reg for 2 years... never a luxury tax??.is it based on boat size or sumthin??

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Title: Re: Vessel property statement
Post by: Tomale 1 on March 21, 2015, 03:43:04 AM
All I know if you don't pay it, they will come knocking on your door. They finally got me but the boat they were taxing got taken away before I paid it. Lol So they ended up taking away my tax return last year
Title: Re: Vessel property statement
Post by: jbrundahl3@yahoo.com on March 21, 2015, 07:08:50 AM
So I'm a new boat owner and received the tax notice in the mail a month or so ago. I filled out the letter and sent it back to the county I paid 7500 for the boat. How much tax am I going to pay?


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Title: Re: Vessel property statement
Post by: More2LifeThanMPG on March 21, 2015, 07:28:12 AM


It's still hasn't seen water for more than 35min lol but it will be soon.  Got a new 454 I gotta slap on. Bored n new cam and all that stuff


Ok. I'm confused now,  do I have to pay anything or do I just full out the form. Wants to know what size engine n make and where its being stored and all that.

That statement is an assessment of taxes that will be done. I only had to fill it the year I purchased my boat, apparently it fell until there limit line for having to pay the tax. Because I've never receive it again.


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Title: Re: Vessel property statement
Post by: sevans01 on March 21, 2015, 07:54:12 AM

Im really confused.. iv had my boat for 3 years now and i just pay my 50 dollar reg for 2 years... never a luxury tax??.is it based on boat size or sumthin??

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Should be based on the counties value of the boat.


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Title: Re: Vessel property statement
Post by: Handi-Crack on March 22, 2015, 08:06:30 PM
i got something like that filled it out and that was it. no letters nothing and I'm in CA
Title: Re: Vessel property statement
Post by: aquaholic72 on March 22, 2015, 08:28:43 PM
Should be based on the counties value of the boat.


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well thats makes alil more sence i guess.. the county thinks i paid 250 bucks for my my boat!! Not alot of luxury there!!! Lol

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Title: Re: Vessel property statement
Post by: che77y on March 22, 2015, 11:08:47 PM
This is the first I've heard of this, never have recieved  a letter, I thought I just payed my reg  every year.....
Title: Re: Vessel property statement
Post by: aquaholic72 on March 23, 2015, 03:04:30 AM
This is the first I've heard of this, never have recieved  a letter, I thought I just payed my reg  every year.....
im with u on that....

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Title: Re: Vessel property statement
Post by: angermgmt on March 23, 2015, 08:33:57 AM
Had mine since '01 never got a letter. Now it's registered in AZ...


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Title: Re: Vessel property statement
Post by: Kroggy3771 on March 23, 2015, 09:00:08 AM
What's the process of registering your boat in Arizona if I do not live there nor do I have a second residence there. My boat is stored in Blythe (California side). I would like to get away from paying this luxury tax on my boat that I bought last year


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Title: Re: Vessel property statement
Post by: matches909 on March 23, 2015, 09:08:04 AM
From my understanding you only have to pay luxury tax on boats over 24 ft I have never had to pay and I had a 22 foot mini day
Title: Re: Vessel property statement
Post by: angermgmt on March 23, 2015, 09:31:52 AM

What's the process of registering your boat in Arizona if I do not live there nor do I have a second residence there. My boat is stored in Blythe (California side). I would like to get away from paying this luxury tax on my boat that I bought last year


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You have to go to their fish and wildlife office and pay out of state registration fees. Instead of $30 it's $230


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Title: Re: Vessel property statement
Post by: sevans01 on March 23, 2015, 09:32:11 AM

From my understanding you only have to pay luxury tax on boats over 24 ft I have never had to pay and I had a 22 foot mini day

It's the purchase price. Depending how much you paid for your boat will determine if you get taxed or not. Every county might be a little different, but I gotta pay for my 20'. Size doesn't matter in this case haha!


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Title: Re: Vessel property statement
Post by: Kroggy3771 on March 23, 2015, 09:44:55 AM
Well I'll be paying on about 50k, so that's why I need to get my boat registered in Arizona hahaha


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Title: Re: Vessel property statement
Post by: matches909 on March 23, 2015, 03:02:30 PM

It's the purchase price. Depending how much you paid for your boat will determine if you get taxed or not. Every county might be a little different, but I gotta pay for my 20'. Size doesn't matter in this case haha!


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thats good to know for the future


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Title: Re: Vessel property statement
Post by: Handi-Crack on March 23, 2015, 07:22:42 PM
makes since i paid "500" and that was that
Title: Re: Vessel property statement
Post by: dat1dsm on March 23, 2015, 10:38:51 PM
That statement is an assessment of taxes that will be done. I only had to fill it the year I purchased my boat, apparently it fell until there limit line for having to pay the tax. Because I've never receive it again.


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What did you put under type of boat and what would I put if I just bought the hull and trailer.  Didn't have a motor when purchased.
i got something like that filled it out and that was it. no letters nothing and I'm in CA
Might need some help filling It out lol if ya don't mind
Title: Re: Vessel property statement
Post by: Handi-Crack on March 25, 2015, 04:41:13 PM
What did you put under type of boat and what would I put if I just bought the hull and trailer.  Didn't have a motor when purchased.Might need some help filling It out lol if ya don't mind

what does the form look like? mine was so simple just some basic questions
Title: Re: Vessel property statement
Post by: Tomale 1 on April 10, 2015, 08:52:02 AM
All I gotta say is go pay it, don't let it get away from you. I'm still paying on a boat I don't own anymore. Balance is up around 2000.00
Title: Re: Vessel property statement
Post by: wolfie on April 11, 2015, 08:26:14 AM
Reading this, I am so glad I left California a few years ago. I miss a lot of things about living there, but I think living here is much better.
They tried to garnish the kid's wages. He's in the Navy and was stationed in Monterey for a year and a half. He's now in Georgia (since Nov) and California was coming after him for his Mercedes and Harley registration. Said that they didn't care when he left, they wanted their money. He had to go through about 3 different ignorant fools before he got to the supervisor.
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