Ahoy, I live in Washington state and am thinking about my first "real"
boat- a blue water cruiser in the $30k-$120k. When I buy a car I pay
something like 8% or if it's a gift or a damaged vehicle or you phoney
up the bill of sale you still pay some arbitrary made up blue book
value the state institutes and which is not insignificant. On a $100k
boat this is $8000. Something tells me rich people don't pay this. So
what's the scam? Foreign registry or forming your own corporation or
what? Sorry to be so clueless. Thanks for your time.