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Boat sale questions
#11599303
05/12/16 05:38 PM
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Joined: Apr 2010
Posts: 265
BigShowTexan
OP
Angler
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OP
Angler
Joined: Apr 2010
Posts: 265 |
I am looking at buying a friends boat. What all paperwork do I need to fill out?? Taxes??
You cannot build character and courage by taking away people's initiative and independence. You cannot help people permanently by doing for them, what they could and should do for themselves. ... Abraham Lincoln www.mmcgilvray.le-vel.com
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Re: Boat sale questions
[Re: BigShowTexan]
#11599319
05/12/16 05:44 PM
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Joined: Jan 2003
Posts: 1,665
squib
Extreme Angler
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Extreme Angler
Joined: Jan 2003
Posts: 1,665 |
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Re: Boat sale questions
[Re: BigShowTexan]
#11599559
05/12/16 07:03 PM
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Joined: Mar 2016
Posts: 154
pwarren
Outdoorsman
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Outdoorsman
Joined: Mar 2016
Posts: 154 |
You just need to take the signed titles along with a bill of sale separating the costs of the boat, engine, and trailer to the tpwd office. The one I went to doesn't accept debit/credit cards so make sure to have a checkbook or cash handy. They will charge you 6.25% sales tax on the boat and motor plus registration and title transfer fees. Then you'll need to go to the tax assessor's office to change the registration on the trailer. You'll pay the same tax rate on the trailer as well. They charge a percentage fee to use your credit/debit card so bring your checkbook or cash for that too. It's pretty silly that you have to pay a tax on sales tax with your card... Don't prefill an application before going, they like to fill out the application for you at the tpwd office.
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Re: Boat sale questions
[Re: pwarren]
#11599674
05/12/16 07:40 PM
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Joined: Apr 2010
Posts: 265
BigShowTexan
OP
Angler
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OP
Angler
Joined: Apr 2010
Posts: 265 |
You just need to take the signed titles along with a bill of sale separating the costs of the boat, engine, and trailer to the tpwd office. The one I went to doesn't accept debit/credit cards so make sure to have a checkbook or cash handy. They will charge you 6.25% sales tax on the boat and motor plus registration and title transfer fees. Then you'll need to go to the tax assessor's office to change the registration on the trailer. You'll pay the same tax rate on the trailer as well. They charge a percentage fee to use your credit/debit card so bring your checkbook or cash for that too. It's pretty silly that you have to pay a tax on sales tax with your card... Don't prefill an application before going, they like to fill out the application for you at the tpwd office. Thank you for not trying to be a smart *ss like others!! I am grateful for your information that can't be found on a simple search. This response is what I like about this site.
You cannot build character and courage by taking away people's initiative and independence. You cannot help people permanently by doing for them, what they could and should do for themselves. ... Abraham Lincoln www.mmcgilvray.le-vel.com
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Re: Boat sale questions
[Re: BigShowTexan]
#11599683
05/12/16 07:44 PM
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Joined: Feb 2010
Posts: 6,850
Ban-D
TFF Celebrity
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TFF Celebrity
Joined: Feb 2010
Posts: 6,850 |
You just need to take the signed titles along with a bill of sale separating the costs of the boat, engine, and trailer to the tpwd office. The one I went to doesn't accept debit/credit cards so make sure to have a checkbook or cash handy. They will charge you 6.25% sales tax on the boat and motor plus registration and title transfer fees. Then you'll need to go to the tax assessor's office to change the registration on the trailer. You'll pay the same tax rate on the trailer as well. They charge a percentage fee to use your credit/debit card so bring your checkbook or cash for that too. It's pretty silly that you have to pay a tax on sales tax with your card... Don't prefill an application before going, they like to fill out the application for you at the tpwd office. Thank you for not trying to be a smart *ss like others!! I am grateful for your information that can't be found on a simple search. This response is what I like about this site. Then when you only bring those signed titles they will inform you of the three pieces of paperwork from Texas parks and wildlife shared in the post above that will need to be signed and filled out by both parties. http://tpwd.texas.gov/fishboat/boat/forms/ these
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