Winnipesaukee Forum - View Single Post

bigdog · 03-25-2010, 01:14 PM

Maybe I'll just keep my cars registered and insured in Mass. I still do have a house in Mass., so that legal.....

NH Registration fee does sound like Excise tax here in Mass. and based on value, but depreciates every year until it hits the minimum value, and taxed accordingly.

I can and do take auto Excise tax as a deduction on Federal tax each year.
Done by my accountant.

I may save a 'few' bucks by insuring my cars in NH, but I treally don't see a real value other that this, or why I should convert. Seems like a lot of paperwork, and alot of running around interacting with Town offices, etc.
All things considered, I think I may just stay under the radar for now!

BD

03-25-2010, 01:14 PM	#8
bigdog Senior Member Join Date: Apr 2006 Location: Central MA-Gilford Posts: 1,446 Thanks: 340 Thanked 119 Times in 96 Posts	Auto Registration Maybe I'll just keep my cars registered and insured in Mass. I still do have a house in Mass., so that legal..... NH Registration fee does sound like Excise tax here in Mass. and based on value, but depreciates every year until it hits the minimum value, and taxed accordingly. I can and do take auto Excise tax as a deduction on Federal tax each year. Done by my accountant. I may save a 'few' bucks by insuring my cars in NH, but I treally don't see a real value other that this, or why I should convert. Seems like a lot of paperwork, and alot of running around interacting with Town offices, etc. All things considered, I think I may just stay under the radar for now! BD