Let me clear up the NC tax issues here, and something you better be aware of if you think "hiding" your boat will help you avoid property taxes that pay for the services provided by the city and county where it lies. 1) Indeed, you pay two sets of property taxes, in my case one to Morehead City and one to Carteret county. Each about 2% of the BUC value of the boat. 2) Our (Republican I should note) legislature and new governor, have for the first time required documented boats to register with the state. There is a $50 annual fee "but not a new tax!) associated with this. Now they gotcha, this info goes to cities and counties, you got nowhere to hide. So now they can collect more taxes. The only problem I have personally with this is the new fee and the additional bureaucratic time to deal with it. I've always paid my city and county taxes since we started keeping the boat here full time. And the other part that bugs me a little bit is that the cities and counties will find a way to spend their new taxes, rather than lower the rate for everyone. I'm sure a lot of that has to do with the state providing less funding to localities, especially for schools, so here's a way to offset it and the guys in Raleigh can brag about their "low taxes" "Low spending" accomplishments to the delight of the sheeple. Kind of ironic that one method of doing this amounts to "we're making those fat cats with big yachts pay their fair share!" politics....