Tax on Boat question....

[Rzr570]

So, I've owned boats over the years in several different states, but now own my first in the great state of Georgia. I get a post card in the mail this week from the county board of assessors wanting me to fill out a Marine Personal Property Tax Return. This is a first for me and I have no idea what it is or does.... all though I'm fairly certain it ends with me giving them @$$.. more money!!
Bought the boat new in May from dealer and paid GA sales tax....
Anybody know anything about this or what kinda money we're talking???
Any help appreciated

 

[redfish414]

It's considered property tax (Not sure about the legal term ) ....BUT don't o by what they say the true value is...Dispute it...I did and won

 

[Rzr570]

It's considered property tax (Not sure about the legal term ) ....BUT don't o by what they say the true value is...Dispute it...I did and won

What kinda money we talking

 

[redfish414]

Don't know ...Just don't go with what they say...My used car was the same and I saved $180 over what they stated the value at...

 

[Buckeye76]

Yep. You get to pay property tax on it now. What ever county the boat is stored in for the most time( in any given year ), is the county you should be paying the taxes to. The tax commissioner will send people out and lock your **** down. Then they will auction it off. Seen it done quite a few times. The new people in Hall Co have been on top of this, with little remorse.

 

[redfish414]

Jason know's

 

[redfish414]

Jason know's

 

[redfish414]

sorry about the repeats

 

[Buckeye76]

Don't know ...Just don't go with what they say...My used car was the same and I saved $180 over what they stated the value at...

This is correct. The county valuations are usually the highest they can make them. They almost consider everything as brand new, in perfect condition.

 

[Rzr570]

So any idea what the tax bill is on say a 30K boat? Just curious what kinda money I'm looking at....