Tax question on kayak title transfer

[trophy8]

I'm buying a 2015 hobie pro angler that has been titled and registered with a trolling motor. How does the state figure the value? Just what's on the bill of sale or do they have a guide? I'm ticked that they want any taxes period. I pay plenty. I'm wondering what to expect. Looks like the fees besides the taxes are $50-75 total.

[gatorgrizz27]

I suppose if you were willing to buy the paddle, life jacket, pedal drive system, seat, etc, for a decent price, the guy might be willing to sell you the kayak itself for $100 or so .

I did hear that several years ago Texas went away from using the stated value on the bill of sale to NADA values, due to people lying about prices they've paid. I'm not sure if they have something for kayaks or if the average person would know that's not a cheap wal-mart kayak.

I don't make up numbers on title transfers any more, luckily I'm able to afford the taxes now, but it is really screwy IMO. You pay tax on your income, that kayak had the sales tax paid when it was new, you then have to pay sales tax on it again, and then the registration itself is another yearly tax.

[trophy8]

I suppose if you were willing to buy the paddle, life jacket, pedal drive system, seat, etc, for a decent price, the guy might be willing to sell you the kayak itself for $100 or so .

I did hear that several years ago Texas went away from using the stated value on the bill of sale to NADA values, due to people lying about prices they've paid. I'm not sure if they have something for kayaks or if the average person would know that's not a cheap wal-mart kayak.

I don't make up numbers on title transfers any more, luckily I'm able to afford the taxes now, but it is really screwy IMO. You pay tax on your income, that kayak had the sales tax paid when it was new, you then have to pay sales tax on it again, and then the registration itself is another yearly tax.

I recently bought a truck and what I paid was more than the value they claimed. I was honest and put that on the bill of sale. It ticks me off bad about a kayak though. I'm not sure how they would figure the value. That's my main curiosity.

[cantexduck]

Leave the trolling motor off , that's the point of having a kayak to begin with.

[Quackerbox]

Leave the trolling motor off , that's the point of having a kayak to begin with.

This.

If you decide to go back to a motor, start over. When you get ready play dumb and say it didn't have numbers.

[trophy8]

Leave the trolling motor off , that's the point of having a kayak to begin with.

Motor has absolutely nothing to do with the title. Registration is about the motor. Once it has been titled then it needs to transfer.

[trophy8]

This.

If you decide to go back to a motor, start over. When you get ready play dumb and say it didn't have numbers.

Then they'll see it's been titled and registered and it'll be a mess.

[Mudslinger]

How many times does the state collect taxes on anything that is sold more than once? You buy a Travel Trailer new, pay sales tax, sell it, the next owner pays sales tax on what he paid for it, that owner sells it, the new owner pays sales tax on what HE paid for it! It goes on and on on sales tax unless your bill of sale says different than what you paid for it or you lie to the Tax office. A pure racket plain and simple.

[Charles]

Claim it as homemade

[Quackerbox]

Then they'll see it's been titled and registered and it'll be a mess.

Why would they see it?

I'm saying keep the motor off (if you want). No need for registration to paddle it. In the event you want to put the motor back on go down to the court house with the hull id number and register it. If it comes up tell the lady you're not the original owner and not aware of prior registration. I've owned 4 kayaks and never had a title for any. Never wanted a motor

[cantexduck]

Title will be tpwd. No need to transfer the title if you don't plan on using the motor. If you do plan on using it then put a low amount on the price paid.

[BTLowry]

Interesting

[Hart8]

They went off the price stated on the bill of sale.Least they did on the last boat I bought.That boat's been bought/sold 3 times since '98.

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[SCREAMINREELS]

Are you going to keep the trolling motor on it? If not then why worry about it? Keep your vin numbers or IDnumber whatever it's called on a kayak on file with the bill of sale and title he gives you and take the stickers off of it. If you are planning on keeping motor on I'm not sure what the cost will be. I've bought a handful of kayaks new and never worried about getting a title for it when I bought them.

[T-roy66]

Claim it as homemade

This will work up to the point where you have to have it inspected by a game warden. Then this idea will sink faster than you can flush the toilet.