Avoiding Texas Title Fees (Gift option)
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From: Austin/San Antonio, Texas
Avoiding Texas Title Fees (Gift option)
Has anyone used the Gift option on the 130-U form from the DMV?
http://www.texasara.com/newsletter/VTR130U.pdf
I bought my 350z recently and I'm not excited to pay the 6.25% Tax fee. I've heard of people using the Gift option but I'm afraid of any laws that prohibit that. Of course I'll need the signature of the seller which I don't think will be a problem since he was pretty cool.
Any thing I should be worried or concerned about before turning in the form to the Texas tax assessors office?
Thanks
http://www.texasara.com/newsletter/VTR130U.pdf
I bought my 350z recently and I'm not excited to pay the 6.25% Tax fee. I've heard of people using the Gift option but I'm afraid of any laws that prohibit that. Of course I'll need the signature of the seller which I don't think will be a problem since he was pretty cool.
Any thing I should be worried or concerned about before turning in the form to the Texas tax assessors office?
Thanks
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