Neurotic Fishbowl: Texas Title and Registration Question

« Blurker Amnesty Day | Main Index | Lucy & Pascal - My Babies »
comments | incoming pings | outgoing pings

strtotime ("November 18, 2004 02:51 AM")) { ?>

Texas Title and Registration Question

I have a question for you. If you have a car that's been gifted to you, do you have to just pay the $10 gift tax or do you also have to pay the sales tax part too? Trying to put my car in my name since the loan was under Steven's until I paid it off. When we broke up he gave me a letter saying he gifted the car to me, but I'm not sure what I have to pay.

.: Posted November 18, 2004 02:51 AM in I'm Looking For...., ";print substr($entry_cats, 0, -2); ?> :.

"; echo "Trackbacks on this post: ", $count, ""; $pingarray = "SELECT p.tbping_source_url, p.tbping_blog_name, p.tbping_created_on, p.tbping_excerpt, p.tbping_tb_id, t.trackback_id, t.trackback_entry_id FROM mt_tbping p, mt_trackback t WHERE (p.tbping_blog_id = $blogid) and (t.trackback_entry_id = $entry_id) and (t.trackback_id = p.tbping_tb_id)"; $resultping = mysql_query($pingarray) or die (mysql_error()); while ($row = mysql_fetch_array($resultping)) { //set up the variables being used - the date can be configured below $url = ($row['tbping_source_url']); $blog = ($row['tbping_blog_name']); $date = date("F d, Y g:i A", strtotime($row['tbping_created_on'])); $excerpt = ($row['tbping_excerpt']); echo "

", $excerpt, "

"; echo "

Posted by "; echo "", $blog, ""; echo " on ", $date, "

"; } ?>

Ping this post
http://www.neuroticfishbowl.com/mt/mt-tb.cgi/2209

"..."

Comments

Here we have to pay the sales tax as well as any other fees. Call or look up on the 'net your assessor and find out for sure.

.: Sara said on November 18, 2004 08:53 AM :: link it :.

you only have to pay the gift tax, no sales tax. my old car that I brought down from Michigan was in my stepdad's name and he gifted it to me after it was paid off. Steven will have to sign the back of the title over to you and bring the letter as well to the courthouse (or wherever you get your registration).

.: girl said on November 19, 2004 12:05 AM :: link it :.

I thought the letter that he wrote said he sold it to you for "x" value? Because if it did, then you will be charged more than $10. However, if it just says it was a gift, than the $10 is probably the case.

And the lines at the office in downtown are normally *much* shorter than the lines out in the 'burbs.

.: Christine said on November 19, 2004 07:17 AM :: link it :.

yeah, Christine's right. it'll have to specifically say that it was a gift or they'll find a way to charge you sales tax.

.: girl said on November 19, 2004 01:01 PM :: link it :.

You're too early! Come back at November 18, 2004 02:51 AM to see this post.

Post a comment*:
{HTML ok, IP address logged}

Enter e-mail address to subscribe/unsubscribe to comments on this post without having to post a comment:
Subscribe to post
Unsubscribe to post
E-mail:
(e-mail field must be filled in) -->

* Please note: Comments that are inappropriate will be deleted - mean, spiteful, rude comments. Don't let that stop you from posting comments. Just wanted to let you know the rules of the house.