![]() |
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
|
|||
|
|||
![]() |
#2
|
|||
|
|||
![]()
I am curious too! would you please like to specify the amount?
I understand it is related to the value of the glider (without trailer and instruments I guess), but how is the tax calculated? thank you very much Aldo Cernezzi Aldo, I don't know the amount yet, but a friend in another county tells me that his rate was 1.240802% of the value of the glider. - Mark Navarre 2/5 black ace LoCal, USA - |
#3
|
|||
|
|||
![]() "Mark Navarre" wrote in message ... Have received a letter from the tax assessor requesting location and value info on my glider for the purpose of property tax assessment. There is apparently some limited exclusion for classic aircraft, according to this missive from AOPA lifted from another newsgroup: AOPA GETS HISTORICAL AIRCRAFT CLARIFICATION FROM BOE At the request of AOPA, the California Board of Equalization (BOE) has clarified recent changes to the property tax exemption for historical aircraft. This exemption is available to an original, restored, or replica aircraft that is 35 years or older. The confusion arose from changes that went into effect on January 1, requiring aircraft owners to submit certificates of attendance from events where the aircraft were on display. Now, in a letter to assessors, the BOE recommends waiving the requirement for 2004. Download the letter ( http://www.boe.ca.gov/proptaxes/pdf/lta04012.pdf ). |
#4
|
|||
|
|||
![]() |
#5
|
|||
|
|||
![]()
In New Jersey, the tax collector hit us up within 2 months. The letter wasn't
exactly friendly. They wanted to know why we didn't pay the tax already.... First they didn't believe the price paid for the 1-26, and we had to show proof of purchase, copies of checks front and back..... Then we had to send in a check, and appeal the bill afterwards. After many phone calls and letters, we received a Refund. It seems that the tax code is vague. We felt that since planes are registered at a Federal level, the question of States being able to tax a Federal transaction comes into play. Lastly, we purchased the glider from a club, Non Profit Org....and all that, so there was another point in our favor. Good luck. Douglas |
#6
|
|||
|
|||
![]()
I think all of you are pretty lucky. In Idaho we pay a one time sales
tax of 6% and it only takes the state about 2 weeks from FAA registration date to send a tax notice. The big part is the annual fee, it is a killer. $0.01 per LB of max all up weight, $11.02 for my ASW 27. This fee is used for search/rescue, airport maint and payroll at the State Aviation Dept. If one neglects to pay this little thing, then they get a notice for personal property tax which would be about $1,000 a year on my ship. Once one gets on the personal property tax roll it takes an act of someone who stays anonomous so one never can get it off. Needless to say, my check for the #11.02 is paid early in January. Tom |
#7
|
|||
|
|||
![]()
Can on register the plane in Idaho ($11.02 is a steal) and keep it and fly it
in CA ? Cheers anyhow, Charles |
#8
|
|||
|
|||
![]() |
#9
|
|||
|
|||
![]()
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 |
#10
|
|||
|
|||
![]()
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 |
|
Thread Tools | |
Display Modes | |
|
|
![]() |
||||
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 |