You should be careful about getting an LSV just for the tax credit. If you want an LSV, it is a great deal. But if you don't, take a look a the extra cost over 5-10 years. I got a quote from Allstate for an LSV and it was around $65 per month. Plus add in the fees for License Plates and annual registration, and that tax credit is long gone after about 5 years.
I imagine you can just register it as an LSV for the first year, then drop back to golf cart status. Might violate some IRS rule, but can't imagine you would get caught.
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