A aviation & planes forum. AviationBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » AviationBanter forum » rec.aviation newsgroups » Soaring
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

Property Tax on gliders in California?



 
 
Thread Tools Display Modes
  #2  
Old March 26th 04, 03:58 PM
126Flyr
external usenet poster
 
Posts: n/a
Default

When I bought 1-26 #309 in Riverside County, it took a couple of years
for the previous owner to report the sale to them, then I got a bill,
then I started keeping it in L.A. County (hangar).

Mark, pay attention, there's a huge penalty for not paying, but if you
point out that you bought a GLIDER from a PRIVATE INDIVIDUAL (not an
aircraft dealer, or a business), the "sales tax & penalty" are waived
or do not apply (whatever the proper legalese is for this). You'll
get a questionaire from the assessor each and every year, in case you
overhaul the engine, add radios, "restore" something... I don't know
if you can claim depreciation for damage or repairs -- I commented on
the last questionaire that my ship needed recovering and paint...

Over the last three years, my bill has been $51.44, $51.41 and $40.01
-- go figure on the drop. I keep copies of the questionaire for
reference as it always asks when purchased and for how much. On the
stated value of $5500.00, that works out to about 1% tax. Another
good reason to fly a 1-26? (As if _I_ needed one!). I remarked on
the questionaire that "1-26 values have been falling..." I have NO
idea if this helped, but ten bucks is ten bucks (a pattern tow?).

ALSO: keep the TRAILER out of the equation!!! You're already paying
exobitant California "property" tax on your vehicles through DMV. For
those not familiar with CA politics, the recalled governor raised my
Honda Odyssey "propety tax" (DMV registration fees, etc.) from $229.00
per year to $497.00 on a 3 year old $33,000.00 minivan. That is only
one of the reasons I voted for Arnold despite wanting to see Davis
stew in his political juices for the full term, then really get run
out of Sacramento on a rail. Oops, that's bordering on politics --
really guys, I'm just trying to explain the taxes...

And you thought soaring avoided taxes because we use nature, don't
make noise and have pretty ships...

-Pete
#309
  #3  
Old March 26th 04, 04:17 PM
Marc Ramsey
external usenet poster
 
Posts: n/a
Default

126Flyr wrote:
For those not familiar with CA politics, the recalled governor raised my
Honda Odyssey "propety tax" (DMV registration fees, etc.) from $229.00
per year to $497.00 on a 3 year old $33,000.00 minivan. That is only
one of the reasons I voted for Arnold despite wanting to see Davis
stew in his political juices for the full term, then really get run
out of Sacramento on a rail. Oops, that's bordering on politics --
really guys, I'm just trying to explain the taxes...


I know many Californians like to forget this, but Davis did not *raise*
the auto "property tax", it was *lowered* a few years back when
California had a huge tax surplus, then Davis *restored* it to its
former levels when the surplus went away. But, why let reality get in
the way of electing Arnold...

Marc
  #4  
Old March 26th 04, 11:07 PM
ken ward
external usenet poster
 
Posts: n/a
Default

In article ,
Marc Ramsey wrote:

126Flyr wrote:
For those not familiar with CA politics, the recalled governor raised my
Honda Odyssey "propety tax" (DMV registration fees, etc.) from $229.00
per year to $497.00 on a 3 year old $33,000.00 minivan. That is only
one of the reasons I voted for Arnold despite wanting to see Davis
stew in his political juices for the full term, then really get run
out of Sacramento on a rail. Oops, that's bordering on politics --
really guys, I'm just trying to explain the taxes...


I know many Californians like to forget this, but Davis did not *raise*
the auto "property tax", it was *lowered* a few years back when
California had a huge tax surplus, then Davis *restored* it to its
former levels when the surplus went away. But, why let reality get in
the way of electing Arnold...

Marc


And don't forget the new Permanent Trailer Identification (PTI) stickers
or plates that CA registered trailers now carry. I haven't gotten a
registration fee invoice since that sticker arrived, which saves me
about $20 each year.

Hmmm, I wonder how much money it saves someone who owns a tractor
trailer?

Ken
 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
California Based Aircraft in Excess of 35 Years Old Exempt from Property Tax! Larry Dighera Owning 18 March 22nd 04 08:47 PM
California Based Aircraft in Excess of 35 Years Old Exempt from Property Tax! Larry Dighera Piloting 22 March 22nd 04 08:47 PM
Enola Gay: Burnt flesh and other magnificent technological achievements me Military Aviation 146 January 15th 04 10:13 PM
Underwater Gliders Burt Compton Soaring 6 November 25th 03 04:43 AM
Collectible Gliders in a (California) hardware store Kizuno Soaring 2 November 15th 03 09:45 AM


All times are GMT +1. The time now is 05:38 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 AviationBanter.
The comments are property of their posters.