George Patterson wrote:

Ok, I know we have some tax experts out there. Tell me. When you sell an
aircraft, what taxes apply to the seller? Is this a capital gains/loss
situation? We're talking about an aircraft owned by and registered to a private
individual and used for pleasure.

I cannot imagine any US federal tax scenarios applying in this case unless
the aircraft was depreciated. Normally that doesn't happen unless the
aircraft is flown for some business purpose.

--
Peter
Not a tax accountant but uses an aircraft for business and depreciates it.























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