My shaft and u joint is loose where it goes in the tranny and im thinking the bearing is gone
SOURCE: Replacing broken drive shaft
the u joints definitely need lubrication and as far as breaking a drive shaft I personally have never seen one break unless someone has been really hammering it or doing a lot of burnouts
SOURCE: where is the oil filter on my yamaha V-star 1100
On the right side of the bike (right side when ou are sitting on it) just above the rear brake lever behind a small circular plate. remove the plate and the oil filter is inside (you will easily see it). Warning---on these bikes you have to drop the front exhaust header and right floor board in order to change the oil filter unless you install a after market oil filter relocation kit. If you plan on changing your own oil it is highly recommended to install this relocation kit.
SOURCE: problem with drive shaft on yamaha v-star 650 06 model
Go to the site below where you can see a parts diagram for your specific bike. You will select the actual brand, year, model, etc., once you go to the site. Part numbers and prices are also shown. You can order parts from this site. In the event no price is shown on a particular part and/or the notation "Not Available" is in the description, the part is not in stock. www.babbittsonline.com/pages/parts/viewbybrandand/parts.aspx
This will show the construction and sequence of the parts.
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SOURCE: why wont my yamaha 2002 v star **** into gear
Your bike has a bent shift fork judging by your discription. 
If a fork is bent it will not move the slider gear properly.
SOURCE: Yamaha 1100 Drag Star 2001 Custom motor starter,
These parts are fairly reliable. Rather than buying new, you should be able to pick one up from a motorcycle breaker who will post it to you. I would expect to pay about £60-£100 tops in the UK (Depending on mileage). ANy Yamaha dealer will be happy to order you one new, but they are a hell of a price!
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