MichaelB1969
Guru
- Joined
- Oct 15, 2016
- Messages
- 681
- Location
- USA
- Vessel Name
- Speedy Charlotte
- Vessel Make
- Beneteau Swift Trawler 44
I am purchasing a boat in WA in early to mid-December of 2016. I plan on bringing the boat to CA where it will be berthed. I assume I will pay CA tax in this case.
My question is, does it matter if I actually bring the boat to CA in December vs. January 2nd from a property tax perspective?
I believe the CA law is that you owe property tax for a given year on property you possess on January 1st of that same year.
But is it property I brought into CA on or before January 1st, registered in CA on or before January 1st, or property I "own" on or before January 1st?
Trying to determine if it is simply a matter of waiting to bring the boat, or register the boat in CA after January 1st that enables me to legally avoid paying property tax until the 2017 tax year, or not.
Thanks,
Mike
My question is, does it matter if I actually bring the boat to CA in December vs. January 2nd from a property tax perspective?
I believe the CA law is that you owe property tax for a given year on property you possess on January 1st of that same year.
But is it property I brought into CA on or before January 1st, registered in CA on or before January 1st, or property I "own" on or before January 1st?
Trying to determine if it is simply a matter of waiting to bring the boat, or register the boat in CA after January 1st that enables me to legally avoid paying property tax until the 2017 tax year, or not.
Thanks,
Mike