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Old November 1st 04, 06:18 PM
Capt.Doug
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"Bill" wrote in message Comments, input, etc wanted

Learn the business from a mentor.

Anyone can make a good hit, maybe several hits. However, to sell aircraft
full-time without losing everything to the lawyers of a disgruntled
customer, you need to know the intricacies of the business. For example,
where would you find out if there is a state income tax lien against an
airplane you represent? The FAA doesn't record tax liens. The new owner will
be hit up for the lien. The new owner will hit you up for reimbursement. The
end result is that you lose money. Another example is if you broker an
airplane and the DEA confiscates it for alleged illegal practices of a
previous owner. The DEA can do that, and the new owner can seek
reimbursement from you. The end result is that you lose money.

D.