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#9
November 26th 07, 04:20 AM
posted to rec.aviation.piloting
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AOPA Cardinal tax value?
On Nov 25, 7:32 pm, Matt Whiting wrote:
Robert M. Gary wrote: Yes, but can AOPA get away with providing a value that is less than FMV? There really is no basis for FMV for such a unique object. If there were 1000's of AOPA Cardinals it would be pretty straight forward to figure a value. However, since this is a very unique item accountants must use some judgement. Certainly the value is no where near the value of everything in the plane because no one would pay for such a White Elephant. -Robert 
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