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Help needed buying a used kayak with trolling motor
#13998819
05/15/21 06:55 PM
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Joined: Mar 2018
Posts: 574
Bassman_78
OP
Pro Angler
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OP
Pro Angler
Joined: Mar 2018
Posts: 574 |
I have a few questions about buying a used kayak with a trolling motor.
*What is needed for me to transfer ownership to myself? Bill of sale, title, etc?
*If the registration is expired, will I, myself, be able to renew registration after purchasing with the correct documents?
*Will I be taxed on the sales price of the kayak with the Bill of sale?
Last edited by Bassman_78; 05/15/21 06:56 PM.
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Re: Help needed buying a used kayak with trolling motor
[Re: Bassman_78]
#13998988
05/15/21 11:00 PM
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Joined: Jan 2012
Posts: 3,016
Jim Ford
TFF Team Angler
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TFF Team Angler
Joined: Jan 2012
Posts: 3,016 |
The answers to your questions would best be provided by the authority with whom you will be conducting the transaction: your local TPWD office, or your local county tax assessor / collector’s office. Give them a call.....
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Re: Help needed buying a used kayak with trolling motor
[Re: Bassman_78]
#13999095
05/16/21 01:15 AM
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Joined: Jan 2007
Posts: 143
texas-rig
Outdoorsman
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Outdoorsman
Joined: Jan 2007
Posts: 143 |
Bassman_78, Make sure you get the title signed over to you, a bill of sell, and the registration card art the time of purchase. You also need a PWD 143 form fill out and signed by the seller and yourself. I'm attaching it below. If the seller tells you that a bill of sell is all you need, Walk away. I know this from first hand experience and wanting to believe a dishonest seller. As for the tax I dont know the answer on a used kayak purchase, My best guess us yes if you register it you will need to pay tax on the purchase price. Boat transfer form PWD 143 form: https://tpwd.texas.gov/publications/pwdforms/media/pwd_143_a0900_vessel_boat_application.pdf
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Re: Help needed buying a used kayak with trolling motor
[Re: Bassman_78]
#13999772
05/16/21 06:37 PM
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Joined: Mar 2018
Posts: 574
Bassman_78
OP
Pro Angler
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OP
Pro Angler
Joined: Mar 2018
Posts: 574 |
Awesome! Thank you Texas-Rig
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Re: Help needed buying a used kayak with trolling motor
[Re: Bassman_78]
#13999985
05/16/21 10:04 PM
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Joined: Jan 2007
Posts: 143
texas-rig
Outdoorsman
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Outdoorsman
Joined: Jan 2007
Posts: 143 |
Your welcome, best of luck with the yak purchase
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Re: Help needed buying a used kayak with trolling motor
[Re: Bassman_78]
#14000768
05/17/21 04:18 PM
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Joined: Dec 2018
Posts: 199
hadite81
Outdoorsman
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Outdoorsman
Joined: Dec 2018
Posts: 199 |
Yes, you will pay tax on the purchase price. If you buy a kayak that was previously registered for a motor, you will need items stated above as well. DO NOT BUY if seller tells you Bill of sale is all you need.!!!!
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