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I had heard the store of getting a receipt for hull, motor and trailer showing seperate value. So when I bought my boat last year that's what I did. I only paid taxes on hull and trailer...not the motor and the motor was very expensive...you know what I mean?
 

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<P class=MsoNormal style="MARGIN: 0in 0in 0pt">Itemizing on the bill of sale could also aid when asked the value of each item for the insurance policy.
 
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