|
Matronics Email Lists Web Forum Interface to the Matronics Email Lists
|
View previous topic :: View next topic |
Author |
Message |
schmoboy
Joined: 26 Feb 2006 Posts: 130
|
|
Back to top |
|
|
Bob Turner
Joined: 03 Jan 2009 Posts: 885 Location: Castro Valley, CA
|
Posted: Mon Jul 22, 2013 12:23 pm Post subject: Re: Fast When They Don't Have To Be |
|
|
Just remember that it will need to be renewed 3 years from now (July) not 3 years from when you get your A/W certificate.
Here in CA tax is assessed on property you own on Jan first. I was careful to not send in the application until after that. Nevertheless, I got a letter from the tax assessor asking, "How long have you owned this aircraft?". I replied that as I had no A/W certificate, that I did not yet own any airplane, just airplane parts. That seemed to work, they left me alone until the next year.
They are still appraising it for more than it is insured for, but that's another story.
| - The Matronics RV10-List Email Forum - | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
|
_________________ Bob Turner
RV-10 QB |
|
Back to top |
|
|
rv10flyer(at)live.com Guest
|
Posted: Mon Jul 22, 2013 1:16 pm Post subject: Fast When They Don't Have To Be |
|
|
If you're in a place like California where you'll get a huge tax bill for
the plane, call the Tax agency and tell them ahead of time. I was able to
get deferred a year while I finished up the plane to make it "flyable". Once
you explain it's a home built and the FAA registration is needed for the
pink slip, that may not come for months, the agency usually understands and
works with you.
Just get it done in less than a year
--
| - The Matronics RV10-List Email Forum - | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
|
|
|
Back to top |
|
|
schmoboy
Joined: 26 Feb 2006 Posts: 130
|
Posted: Mon Jul 22, 2013 1:47 pm Post subject: Fast When They Don't Have To Be |
|
|
Yep. Already talked to the Illinois folks. I'll be sending in the form
with my costs/invoices so I don't have to rely on their valuation.
We'll see how that works out.
On 7/22/13 4:15 PM, Pascal wrote:
[quote]
If you're in a place like California where you'll get a huge tax bill
for the plane, call the Tax agency and tell them ahead of time. I was
able to get deferred a year while I finished up the plane to make it
"flyable". Once you explain it's a home built and the FAA registration
is needed for the pink slip, that may not come for months, the agency
usually understands and works with you.
Just get it done in less than a year
--
| - The Matronics RV10-List Email Forum - | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
|
|
|
Back to top |
|
|
partner14
Joined: 12 Jan 2008 Posts: 540 Location: Granbury Texas
|
Posted: Mon Jul 22, 2013 6:28 pm Post subject: Fast When They Don't Have To Be |
|
|
Just an FYI.... in Texas the tax on planes is the same as the income tax..... ZERO
Don
From: Bob Turner <bobturner(at)alum.rpi.edu>
To: rv10-list(at)matronics.com
Sent: Monday, July 22, 2013 3:23 PM
Subject: RV10-List: Re: Fast When They Don't Have To Be
--> RV10-List message posted by: "Bob Turner" <bobturner(at)alum.rpi.edu (bobturner(at)alum.rpi.edu)>
Just remember that it will need to be renewed 3 years from now (July) not 3 years from when you get your A/W certificate.
Here in CA tax is assessed on property you own on Jan first. I was careful to not send in the application until after that. Nevertheless, I got a letter from the tax assessor asking, "How long have you owned this aircraft?". I replied that as I had no A/W certificate, that I did not yet own any airplane, just airplane parts. That seemed to work, they left me alone until the next year.
They are still appraising it for more than it is insured for, but that's another story.
--------
Bob Turner
RV-10 QB
Read this topic online here:
http://forums.matronics.com/viewtopic.php?p=405092#405092http://www.matronics.com/Navigator?RV10-Lista href="http://forums.matronics.com/" = --> [quote][b]
| - The Matronics RV10-List Email Forum - | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
|
_________________ Don A. McDonald
40636 |
|
Back to top |
|
|
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum You cannot attach files in this forum You can download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|