Jump to content

WithoutAMotorHome

Members
  • Content Count

    1
  • Joined

  • Last visited

  1. I recently had the same thing happen to me. We sold our coach and were prepared to purchase a new one but, the financing company would not finance our Montana LLC for the purchase. We had even put a deposit down on the purchase as we had never had a problem before this! We were also doing the tax avoidance through our Montana LLC. The dealership we were dealing with gave us the run around stating that the financing companies are unwilling to provide a loan for a chattel. They said something that they don't give out chattel mortgages which we didn't understand what it meant. Were you told the same thing? We are having a similar problem and we currently can't get our deposit back as we requested some upgrades that the dealership cannot take out of the motor home. We are currently without a place to live and are living between motels in the area while we try to figure out what to do! This is costing us more than the tax savings we actually would get I think now!We don't have a lawyer and did our last setup and purchase without a lawyer. Did your lawyer provide you any additional information that would be helpful? Were you able to eventually get financing for your Montana LLC?? We are probably going to use our assets to purchase the motor home if we can't resolve the issue in the next few days. Any tips you can provide on how you resolved your problem?
×
×
  • Create New...