|
| 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. |
|
|||||||
|
|
Thread Tools | Display Modes |
|
|
|
#1
November 13th 05, 04:45 AM
|
|||
|
|||
Aircraft tax question
George Patterson wrote:
BTIZ wrote: ok... I'm not a tax expert... but when you sell a car.. what taxes apply to the seller.. According to the IRS, the selling price of the car is taxed as income. I would prefer that that is not the case with aircraft. George Patterson Drink is the curse of the land. It makes you quarrel with your neighbor. It makes you shoot at your landlord. And it makes you miss him. The profit on anything you sell is taxed as income. How many used things have you sold at a profit after repairs, etc.? -- Jim Pennino Remove .spam.sux to reply. 
|
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| CRS: V-22 Osprey Tilt-Rotor Aircraft | Mike | Naval Aviation | 0 | October 14th 05 08:14 PM |
| AmeriFlight Crash | C J Campbell | Piloting | 5 | December 1st 03 02:13 PM |
| Homebuilt Aircraft Frequently Asked Questions (FAQ) | Ron Wanttaja | Home Built | 0 | October 2nd 03 03:07 AM |
| Homebuilt Aircraft Frequently Asked Questions (FAQ) | Ron Wanttaja | Home Built | 4 | August 7th 03 05:12 AM |
| Homebuilt Aircraft Frequently-Asked Questions (FAQ) | Ron Wanttaja | Home Built | 0 | July 4th 03 04:50 PM |
Hybrid Mode
