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Old 09-27-2014, 07:03 PM   #19
kthoennes
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City: Sioux Falls, South Dakota
Vessel Name: Xanadu
Vessel Model: Mainship 37 Motor Yacht
Join Date: Oct 2013
Posts: 2,472
I wouldn't advocate lying to a bank in any detail, but there's also such a thing as volunteering too much. And as for the dirt address - no kids or relatives or friends on land? No attorney or CPA or somebody you could hire for a few bucks to forward your mail? I happen to live in South Dakota and there are businesses here with that sole purpose. Now of course most out of staters declare SD residency because we're nearly the lowest tax state in the nation, which to me is a shady or kind of cheating reason to practically lie about your residency - but that's not what we're talking about with this boat financing issue, no cheating involved.
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