I live in TN. I bought a new 2500 Chevy truck in 87. Later set up an LLC for my electrical business and transferred the truck to the LLC. Later on I dissolved the LLC and wanted to transfer it back to my name. The state wanted to charge me sales tax again just like I had bought the truck from someone. I balked nd left it in the LLC name. Finally gave it to my son. No taxes paid on that deal. Last August I bought a drag face car. This is a car that will never see the street again. I wanted the title in my name. Only way to do hat in Tn is to put plates on it, pay wheel tax and sales tax. They uses the NADA book to calculate the sales tax. What I did to avoid paying for new plates was to transfer plates from a truck to the race car on Friday and then went back on Monday and transferred them back to the truck. Saved about $40 but it was the principle of the deal to me. I actually paid a lot more for the car than the NADA number.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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