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sarg314(at)comcast.net
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PostPosted: Sat Dec 23, 2006 4:33 pm    Post subject: registration results Reply with quote

Last month I posted a question about how long it takes to get FAA
registration. I'd heard stories about it taking 3 to 6 months. I
mailed in my registration forms on Nov. 28 and just got the registration
back. Twenty five days. Way faster than I expected.

Now I guess it's only a matter of time before the state tax people hunt
me down. Anarchy, as a system of government, has its attractions.
--
Tom Sargent, RV-6A


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lifeofreiley2003(at)yahoo
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PostPosted: Sat Dec 23, 2006 5:00 pm    Post subject: registration results Reply with quote

Congrats...!

I heard there was an effort to get things moving
faster in Oklahoma. Good News!

Do not archive


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garrys(at)tampabay.rr.com
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PostPosted: Sat Dec 23, 2006 5:08 pm    Post subject: registration results Reply with quote

As an ahem, er, "hypothetical exercise" only, are there any tips to pass
along as to how to minimize the State Sales Tax? Anonymous replies only
will be greatly appreciated as I'm just a few months away from facing this
dilemma.

Anonymous
RV7A

---


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pitts_pilot(at)bellsouth.
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PostPosted: Sat Dec 23, 2006 5:58 pm    Post subject: registration results Reply with quote

Register it as a "Garry Special" or something other than an RV7A.
Supply the tax guys with invoices and receipts totalling whatever you
feel is a reasonable compromise on the tax. Better to be proactive
..... and not wait for them to send you the bill as it may include
interest and penalties ...... depending on how bad the state needs the
income!
Linn
do not archive

Garry wrote:

[quote]

As an ahem, er, "hypothetical exercise" only, are there any tips to
pass along as to how to minimize the State Sales Tax? Anonymous
replies only will be greatly appreciated as I'm just a few months away
from facing this dilemma.

Anonymous
RV7A

---


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Oldsfolks(at)aol.com
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PostPosted: Sat Dec 23, 2006 6:35 pm    Post subject: registration results Reply with quote

Just remember - It isn't an airplane until it has been inspected and approved for flight !! Until then it is a collection of metal pieces.
I went through that in Calif. and Arkansas - sent them a letter so stating both times and it worked. I did notify them when it was ready to fly.

Bob Olds RV-4 - twice
Charleston,Arkansas
[quote][b]


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sarg314(at)comcast.net
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PostPosted: Sat Dec 23, 2006 7:16 pm    Post subject: registration results Reply with quote

Garry:
I think they are unpredictable. I know a velocity builder here in
arizona who showed them a receipt for just the kit and they were
satisfied with just the tax on that. It was probably about 1/3 of what
he spent on the plane.

Another builder said he pointed out that most of the purchases were
made more than 5 years ago and they let him off the hook entirely. Some
statute of limitiations, he claimed. I figure I'll have to play it by ear.

Garry wrote:

Quote:


As an ahem, er, "hypothetical exercise" only, are there any tips to
pass along as to how to minimize the State Sales Tax? Anonymous
replies only will be greatly appreciated as I'm just a few months away
from facing this dilemma.

Anonymous
RV7A


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jmsears(at)adelphia.net
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PostPosted: Sun Dec 24, 2006 1:36 am    Post subject: registration results Reply with quote

Quote:
> Now I guess it's only a matter of time before the state tax people hunt
> me down. Anarchy, as a system of government, has its attractions.<<

Keep in mind that it may be from these taxes that our states help fund our
aviation infrastructure. When I bought kits for my RV-6A, I paid the sales
tax on them so that the state would not hunt me down later. When my
airplane was finished, I filed for state for property taxes. Today, I
proudly pay the property tax on my $25K RV every year. This year, it was
$71.13. Since it's the cheapest property tax I pay, I'm not complaining too
much. It used to be a lot more for other airplanes I've owned until the
state greatly reduced the tax rate on aircraft. For me, it's cheaper to pay
the tax than to incorporate in Delaware to avoid it. Besides, I rest easy
knowing our state is spending my money wisely. Smile

Jim Sears in KY
RV-6A N198JS
do not archive


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bo124rs(at)hotmail.com
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PostPosted: Sun Dec 24, 2006 4:09 am    Post subject: registration results Reply with quote

Quote:
From: Oldsfolks(at)aol.com

Quote:
Just remember - It isn't an airplane until it has been inspected and
approved for flight !!

Bob, I wish that were so in Kentucky but it is not. There is not
notification when you reserve an N number. However, upon registration,
notification is sent to the resident state. In Kentucky it is then either a
tangible or intangible taxable piece of property for property tax purposes.
The sales tax issue applies whether you register, don't register if you
bought the parts out of state, from an entity other than another person not
doing business as, and didn't pay appropriate sales tax. They get you from
several directions. I won't say again what my profession is other than I'm
getting ready to get real busy and will be so up until just before Sun &
Fun:-)

With that said, I am waiting until after Jan. 1 to send in my registration.
In Kentucky you have the ability to pay the "use" (sales tax) on your
individual income tax return for the year in which bought the parts. I'll
pay some sales tax then. The idea of property tax applies to what you had
in your possession on Jan. 1, the previous year. So, by waiting post Jan. 1
2007, my property tax will not be assessed until Jan. 1 2008 and not due
until the fall of 2009. I'd rather play with my money than have "them" play
with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
I am a........

Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
airplane). I am not desiring to get around paying property tax, however, if
I register it as an RV, there is a huge data bank for the state to
arbitrarily apply a value to my airplane. It could be more, less than what
I think it is worth. By not giving them something to cross reference, I get
to tell them for a change. No, they don't send someone out to look at it,
even if they did, what are the chances they would have any idea what an RV
airplane or a DO airplane was? Yes, you can get RV insurance on and
airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
purposes).

Taxes on Christmas Eve...............Bah Humbug!!

BTW, MERRY CHRISTMAS

Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive

_________________________________________________________________
The MSN Entertainment Guide to Golden Globes is here. Get all the scoop.
http://tv.msn.com/tv/globes2007/


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LloydDR(at)wernerco.com
Guest





PostPosted: Sun Dec 24, 2006 7:41 am    Post subject: registration results Reply with quote

I suppose one could register it as a unique model rather than an RV.
Then when you are contacted by the state you could say that you built it
from planes and that you ordered the raw materials from Aircraft Spruce
and show several thousand in receipts and pay tax on those. But if you
registered it as an RV model, then all bets are off as they know the
value.
Just thinking out loud of course!

--


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Ollie Washburn



Joined: 10 Jan 2006
Posts: 56
Location: Central Florida

PostPosted: Sun Dec 24, 2006 8:19 am    Post subject: registration results Reply with quote

You are one of the lucky ones, I sent mine in for Rans S7S Oct 13th and
still don't have it.

Ollie 6A Central FL.
---


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Ollie RV6-A & Rans S7S
Central FL
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pitts_pilot(at)bellsouth.
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PostPosted: Sun Dec 24, 2006 11:20 am    Post subject: registration results Reply with quote

Hi Jim!

Jim Sears wrote:

Quote:


>> Now I guess it's only a matter of time before the state tax people
>> hunt me down. Anarchy, as a system of government, has its
>> attractions.<<
>
Keep in mind that it may be from these taxes that our states help fund
our aviation infrastructure.

Well, in a round about way. All sales taxes (for most states) go into
the 'general fund' ....... but the state DOT may get it's funding from
the general fund. The other funding sourse for airports is, of course,
the FAA and the Aviation Trust Fund ..... which is supported by ticket
taxes and avfuel taxes.

Quote:
When I bought kits for my RV-6A, I paid the sales tax on them so
that the state would not hunt me down later. When my airplane was
finished, I filed for state for property taxes. Today, I proudly pay
the property tax on my $25K RV every year. This year, it was $71.13.

FL used to have a use tax for airplanes ..... you bought a sticker each
year ....... but if your airplane was stored in a hangar it was hard for
the tax man to see ..... and send you a letter. They finally dropped
that tax!

Quote:
Since it's the cheapest property tax I pay, I'm not complaining too
much. It used to be a lot more for other airplanes I've owned until
the state greatly reduced the tax rate on aircraft.

Well, they're headed in the right direction, I guess.

Quote:
For me, it's cheaper to pay the tax than to incorporate in Delaware
to avoid it. Besides, I rest easy knowing our state is spending my
money wisely. Smile

Sorry Jim, but I have trouble understanding that concept!!! Wink I
didn't know the Government ever did that!

Linn

Quote:


Jim Sears in KY
RV-6A N198JS
do not archive



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pilots2(at)yahoo.com
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PostPosted: Sun Dec 24, 2006 12:21 pm    Post subject: registration results Reply with quote

Your problem is not really with the state taxation folks but potentially with your insurance company. And trying to hide your RV from the state as a one-of just because you registered it as a Speed-Burner 1 could be construed as fraud. As for the insurance company they will want to know what it is insuring. So you tell them it is registered as a Speed-Burner 1 and they say WOH - we have no history with that model and it doesnt show up on any listing we have of production or homebuilt aircraft, so we decline to insure it. But being the slick guy you are you tell the insurance company it is and RV-(x) and they say - Heres Your Policy have-a-nice-day. NOW comes the potentially fun part. Due to no fault of your own (being an excellent pilot) your airplane departs the paved parts of a controlled airport and the tower closes that part of the airport for a period of time and fills out an incident report on an RV-(x). You call the insurance company to file a claim, they pull your file AND check the FAA data base. OH OH we have a discrepancy here - now the fun begins. Ya sure you want to open that box of snakes vs paying a few dollars to the state?

Anon

Dana Overall <bo124rs(at)hotmail.com> wrote:[quote] --> RV-List message posted by: "Dana Overall"

Quote:
From: Oldsfolks(at)aol.com

Quote:
Just remember - It isn't an airplane until it has been inspected and
approved for flight !!

Bob, I wish that were so in Kentucky but it is not. There is not
notification when you reserve an N number. However, upon registration,
notification is sent to the resident state. In Kentucky it is then either a
tangible or intangible taxable piece of property for property tax purposes.
The sales tax issue applies whether you register, don't register if you
bought the parts out of state, from an entity other than another person not
doing business as, and didn't pay appropriate sales tax. They get you from
several directions. I won't say again what my profession is other than I'm
getting ready to get real busy and will be so up until just before Sun &
Fun:-)

With that said, I am waiting until after Jan. 1 to send in my registration.
In Kentucky you have the ability to pay the "use" (sales tax) on your
individual income tax return for the year in which bought the parts. I'll
pay some sales tax then. The idea of property tax applies to what you had
in your possession on Jan. 1, the previous year. So, by waiting post Jan. 1
2007, my property tax will not be assessed until Jan. 1 2008 and not due
until the fall of 2009. I'd rather play with my money than have "them" play
with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
I am a........

Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
airplane). I am not desiring to get around paying property tax, however, if
I register it as an RV, there is a huge data bank for the state to
arbitrarily apply a value to my airplane. It could be more, less than what
I think it is worth. By not giving them something to cross reference, I get
to tell them for a change. No, they don't send someone out to look at it,
even if they did, what are the chances they would have any idea what an RV
airplane or a DO airplane was? Yes, you can get RV insurance on and
airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
purposes).

Taxes on Christmas Eve...............Bah Humbug!!

BTW, MERRY CHRISTMAS

Dana Overall
Richmond, KY i39
RV-7 slider, Imron [quote][b]


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bo124rs(at)hotmail.com
Guest





PostPosted: Sun Dec 24, 2006 1:08 pm    Post subject: registration results Reply with quote

You are reading WAY too much into this. Sounds like a what if, what if, I
heard, saw one time....er, I mean I heard someone saw one time scenerio. It
sounds like you need to register yours as Van's RV 70957, or whatever your
builder number is.

Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive


Quote:
From: Reuven Silberman <pilots2(at)yahoo.com>
Reply-To: rv-list(at)matronics.com
To: rv-list(at)matronics.com
Subject: RE: Re: registration results
Date: Sun, 24 Dec 2006 12:19:55 -0800 (PST)

Your problem is not really with the state taxation folks but potentially
with your insurance company. And trying to hide your RV from the state as a
one-of just because you registered it as a Speed-Burner 1 could be
construed as fraud. As for the insurance company they will want to know
what it is insuring. So you tell them it is registered as a Speed-Burner 1
and they say WOH - we have no history with that model and it doesnt show up
on any listing we have of production or homebuilt aircraft, so we decline
to insure it. But being the slick guy you are you tell the insurance
company it is and RV-(x) and they say - Heres Your Policy
have-a-nice-day. NOW comes the potentially fun part. Due to no fault of
your own (being an excellent pilot) your airplane departs the paved parts
of a controlled airport and the tower closes that part of the airport for a
period of time and fills out an incident report on an RV-(x). You call the
insurance company to file a claim, they pull
your file AND check the FAA data base. OH OH we have a discrepancy here -
now the fun begins. Ya sure you want to open that box of snakes vs paying
a few dollars to the state?

Anon

Dana Overall <bo124rs(at)hotmail.com> wrote:
"Dana Overall"

>From: Oldsfolks(at)aol.com

>Just remember - It isn't an airplane until it has been inspected and
>approved for flight !!

Bob, I wish that were so in Kentucky but it is not. There is not
notification when you reserve an N number. However, upon registration,
notification is sent to the resident state. In Kentucky it is then either
a
tangible or intangible taxable piece of property for property tax purposes.
The sales tax issue applies whether you register, don't register if you
bought the parts out of state, from an entity other than another person not
doing business as, and didn't pay appropriate sales tax. They get you from
several directions. I won't say again what my profession is other than I'm
getting ready to get real busy and will be so up until just before Sun &
Fun:-)

With that said, I am waiting until after Jan. 1 to send in my registration.
In Kentucky you have the ability to pay the "use" (sales tax) on your
individual income tax return for the year in which bought the parts. I'll
pay some sales tax then. The idea of property tax applies to what you had
in your possession on Jan. 1, the previous year. So, by waiting post Jan.
1
2007, my property tax will not be assessed until Jan. 1 2008 and not due
until the fall of 2009. I'd rather play with my money than have "them"
play
with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
I am a........

Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
airplane). I am not desiring to get around paying property tax, however,
if
I register it as an RV, there is a huge data bank for the state to
arbitrarily apply a value to my airplane. It could be more, less than what
I think it is worth. By not giving them something to cross reference, I
get
to tell them for a change. No, they don't send someone out to look at it,
even if they did, what are the chances they would have any idea what an RV
airplane or a DO airplane was? Yes, you can get RV insurance on and
airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
purposes).

Taxes on Christmas Eve...............Bah Humbug!!

BTW, MERRY CHRISTMAS

Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive

_________________________________________________________________
The MSN Entertainment Guide to Golden Globes is here. Get all the scoop.
http://tv.msn.com/tv/globes2007/
"No pressure, no diamonds".
~Thomas Carlyle

_________________________________________________________________
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cjensen(at)dts9000.com
Guest





PostPosted: Sun Dec 24, 2006 2:21 pm    Post subject: registration results Reply with quote

It seems to me that we have an obligation to be truthful to tax
authorities, but no obligation to be similarly helpful. Since no two
RV7s are exactly alike, the best that can be said is they are based on
the RV7 design, hence a unique name/designation is neither wrong nor
deceitful. The insurance company is interested is what general design
the aircraft conforms to, not what you call it. If you tell them it is
an RV7 and when they inspect the wreck and find two engines, you may
have a problem.

There are simply too many variations and interations of even a common
design, such as the RV7, to be meaningful for valuation and taxing
purposes. That's why when you look in Barnstormers and see the same
'model' experimental aircraft, the prices that are still all over the
lot. If they were the same, the price would be the same. Tax
authorizes tend to use a blunt instrument to extract maximum revenue.
If they over-reach, the appeal process will correct that. If they
under-reach, well....Merry Christmas.

Chuck Jensen
Do Not Archive
--


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pitts_pilot(at)bellsouth.
Guest





PostPosted: Sun Dec 24, 2006 3:02 pm    Post subject: registration results Reply with quote

Reuven Silberman wrote:
Quote:
Your problem is not really with the state taxation folks but potentially with your insurance company. And trying to hide your RV from the state as a one-of just because you registered it as a Speed-Burner 1 could be construed as fraud.
I don't see how. First off, the airplane is not an RV-10 ..... that's the designation given to a couple of boxes of parts. Call it a part number, if you will. When the factory cranks out a bunch of spam cans, they're as identical as they can make them. The collective WE that bought the boxes of parts cannot attain that goal, no matter how hard we try. Builders have produced homebuilt aircraft named after the builders ..... probably since the first one!!!
Quote:
As for the insurance company they will want to know what it is insuring. So you tell them it is registered as a Speed-Burner 1 and they say WOH - we have no history with that model and it doesnt show up on any listing we have of production or homebuilt aircraft, so we decline to insure it. But being the slick guy you are you tell the insurance company it is and RV-(x) and they say - Heres Your Policy have-a-nice-day.
That's usually the way the conversation goes. The fraud here would be if you told them it was a 'safest airplane -1' to get the good rate for an airplane that had a good accident record. When you tried to collect and the claims adjuster looks at the wreckage or pictures of same and sees the difference.
Quote:
NOW comes the potentially fun part. Due to no fault of your own (being an excellent pilot) your airplane departs the paved parts of a controlled airport and the tower closes that part of the airport for a period of time and fills out an incident report on an RV-(x). You call the insurance company to file a claim, they pull your file AND check the FAA data base. OH OH we have a discrepancy here - now the fun begins.
The discrepancy is that the accident report should have covered a Speed-Burner 1, since that is what it's registered as and the accident investigator will get that from the airworthiness cert and registration that's carried in the airplane. Perusing the accidents last month did produce a few homebuilts, almost all with the owners last name and the A/C designator.
Quote:
Ya sure you want to open that box of snakes vs paying a few dollars to the state?
Snakes??? That's a regulated commodity and you better have a license to transport snakes in your Speed-Burner 1!! Razz
Linn
And Merry Christmas and a Happy New Year! ...... May Santa smile on you greatly, and the reindeer miss!
do not archive
[quote]

Anon

Dana Overall <bo124rs(at)hotmail.com> (bo124rs(at)hotmail.com) wrote:
Quote:
--> RV-List message posted by: "Dana Overall"

>From: Oldsfolks(at)aol.com (Oldsfolks(at)aol.com)

>Just remember - It isn't an airplane until it has been inspected and
>approved for flight !!

Bob, I wish that were so in Kentucky but it is not. There is not
notification when you reserve an N number. However, upon registration,
notification is sent to the resident state. In Kentucky it is then either a
tangible or intangible taxable piece of property for property tax purposes.
The sales tax issue applies whether you register, don't register if you
bought the parts out of state, from an entity other than another person not
doing business as, and didn't pay appropriate sales tax. They get you from
several directions. I won't say again what my profession is other than I'm
getting ready to get real busy and will be so up until just before Sun &
Fun:-)

With that said, I am waiting until after Jan. 1 to send in my registration.
In Kentucky you have the ability to pay the "use" (sales tax) on your
individual income tax return for the year in which bought the parts. I'll
pay some sales tax then. The idea of property tax applies to what you had
in your possession on Jan. 1, the previous year. So, by waiting post Jan. 1
2007, my property tax will not be assessed until Jan. 1 2008 and not due
until the fall of 2009. I'd rather play with my money than have "them" play
with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
I am a........

Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
airplane). I am not desiring to get around paying property tax, however, if
I register it as an RV, there is a huge data bank for the state to
arbitrarily apply a value to my airplane. It could be more, less than what
I think it is worth. By not giving them something to cross reference, I get
to tell them for a change. No, they don't send someone out to look at it,
even if they did, what are the chances they would have any idea what an RV
airplane or a DO airplane was? Yes, you can get RV insurance on and
airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
purposes).

Taxes on Christmas Eve...............Bah Humbug!!

BTW, MERRY CHRISTMAS

Dana Overall
Richmond, KY i39
RV-7 slider, Imron
Quote:

[b]


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martin(at)gbonline.com
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PostPosted: Sun Dec 24, 2006 5:29 pm    Post subject: registration results Reply with quote

Garry,
I llive in Wisconsin where we have a very aggressive tax bureau. When I
finished my RV8, I paid them a tax on the invoice value from Vans on the
basic fuselage kit. Many others in my state have done the same.
Dick
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rhdudley1(at)bellsouth.ne
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PostPosted: Sun Dec 24, 2006 6:22 pm    Post subject: registration results Reply with quote

Hi Dick,
That is a very common practice. Many have done the same here in Florida.
I am wondering what happens if and when one sells that aircraft for its
value, as completed.
Does the tax organization get that information and compare it with the
value as originally taxed?
Perhaps someone has that information, a related comment or actual
experience with that scenario.

Regards and Merry Christmas.

Richard Dudley

dick martin wrote:

[quote]

Garry,
I llive in Wisconsin where we have a very aggressive tax bureau. When
I finished my RV8, I paid them a tax on the invoice value from Vans on
the basic fuselage kit. Many others in my state have done the same.
Dick
---


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lhelming(at)sigecom.net
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PostPosted: Mon Dec 25, 2006 9:30 am    Post subject: registration results Reply with quote

I don't believe the weight and balance will be correct, nor would my air
worthiness certificate be granted unless I had an engine attached to make it
an airplane. And, I would not fly it without instruments.

This sales/use tax avoidance advice is starting to make me ill. I am
considering disconnecting from this group because I do not like the thought
of being associated with people who suggest to everyone it is ok to break
the rules.. Hope this hurts and gets your attention Dick -- from where I
sit, you are suggesting that everyone join you in violating the law. That
will not justify your actions because maybe a hundred of others do it too.

Larry in Indiana do not archive
---


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jsflyrv(at)verizon.net
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PostPosted: Mon Dec 25, 2006 10:33 am    Post subject: registration results Reply with quote

Oh wow, Marry Christmas to you also Larry. I guess it is ok for the
government to just arbitrarily take money from us wherever, whenever,
however they want
and we should just roll over and take it with Vaseline.

DO NOT ARCHIVE
Oh wow maLarryRobertHelming wrote:

[quote]
<lhelming(at)sigecom.net>

I don't believe the weight and balance will be correct, nor would my
air worthiness certificate be granted unless I had an engine attached
to make it an airplane. And, I would not fly it without instruments.

This sales/use tax avoidance advice is starting to make me ill. I am
considering disconnecting from this group because I do not like the
thought of being associated with people who suggest to everyone it is
ok to break the rules.. Hope this hurts and gets your attention Dick
-- from where I sit, you are suggesting that everyone join you in
violating the law. That will not justify your actions because maybe a
hundred of others do it too.

Larry in Indiana do not archive
---


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jmsears(at)adelphia.net
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PostPosted: Mon Dec 25, 2006 11:42 am    Post subject: registration results Reply with quote

Quote:
> This sales/use tax avoidance advice is starting to make me ill. I am
> considering disconnecting from this group because I do not like the
> thought of being associated with people who suggest to everyone it is ok
> to break the rules.. Hope this hurts and gets your attention Dick --
> from where I sit, you are suggesting that everyone join you in violating
> the law. That will not justify your actions because maybe a hundred of
> others do it too.<<

Boy, that was a bit harsh. I find that I am more talented at spending my
money constructively than our government leaders. Come to think of it, we
are probably far less criminal than thnose we vote into office. Ever wonder
why anyone would spend millions to get a job that pays thousands of dollars
a year? There's got to be something behind that. Larry, if it bothers you
that some of us do the best we can to avoid giving all of our worldly wealth
to the government to squander as they see fit, maybe you do need to move on.
Hopefully, you were just kidding; and, your joke just didn't come out the
way you intended. Give this some thought. The rich folks pay other folks
to help them find ways to avoid paying taxes. Most of us can't afford that;
but, avoiding taxes is universal. I'd just like to figure out a way to keep
from paying income tax on retirement income. That's money I can't spend on
toys. Sad

Jim in KY
do not archive!


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