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AOPA Twin Comanche



 
 
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  #1  
Old December 1st 04, 09:46 PM
Rosspilot
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Default AOPA Twin Comanche

Just wondering what you guys would do with that sweepstakes airplane if Phil
called you up and told you it was yours.

Keep or sell?



www.Rosspilot.com


  #2  
Old December 1st 04, 09:49 PM
Gig Giacona
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"Rosspilot" wrote in message
...
Just wondering what you guys would do with that sweepstakes airplane if
Phil
called you up and told you it was yours.

Keep or sell?



I'd get my Multi in it then sell it.


  #3  
Old December 1st 04, 09:52 PM
Peter MacPherson
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I would keep it and sell my current plane. For a twin, you can't
beat the speed for the fuel you burn. Then throw in all those
nice new toys......hmmmmm.....very nice airplane.


"Rosspilot" wrote in message
...
Just wondering what you guys would do with that sweepstakes airplane if
Phil
called you up and told you it was yours.

Keep or sell?



www.Rosspilot.com




  #5  
Old December 2nd 04, 02:34 AM
Bob Fry
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Dale writes:

If I could swing the insurance I'd keep her for a while at
least...assuming I could pay the taxes.


If I had a pig, I could make a ham-and-cheese sandwich, if I had a cow
to make milk for cheese.

I'd sell the damn thing. The taxes would kill me.
  #6  
Old December 1st 04, 10:16 PM
Jay Honeck
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Keep or sell?

Keep it, get my multi rating, use up that $5000 gas credit -- and then sell
it.

It's a cool plane, but I don't need (or want) a twin.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"


  #8  
Old December 1st 04, 11:01 PM
Dave S
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All these people who are keeping it are prepared to pay the "income tax"
hit from winning the plane at the end of the tax year, right?

Whats the value of the Twin Commanche? And.. 30% of that is??? (just
rough round numbers...)

Dave

Rosspilot wrote:

Just wondering what you guys would do with that sweepstakes airplane if Phil
called you up and told you it was yours.

Keep or sell?



www.Rosspilot.com



  #9  
Old December 2nd 04, 12:49 AM
G.R. Patterson III
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Dave S wrote:

Whats the value of the Twin Commanche?


According to AOPA, the current value of the "project" is $225,500.

And.. 30% of that is??? (just
rough round numbers...)


$67,650.

And in my case, the State of New Jersey wants their 6% income tax and 6% usage
tax, for an additional $27,060.

George Patterson
If a man gets into a fight 3,000 miles away from home, he *had* to have
been looking for it.
  #10  
Old December 2nd 04, 01:37 AM
BTIZ
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no income tax here... but it would hit the "personal property tax" which
would be about $2K per year

BT

"G.R. Patterson III" wrote in message
...


Dave S wrote:

Whats the value of the Twin Commanche?


According to AOPA, the current value of the "project" is $225,500.

And.. 30% of that is??? (just
rough round numbers...)


$67,650.

And in my case, the State of New Jersey wants their 6% income tax and 6%
usage
tax, for an additional $27,060.

George Patterson
If a man gets into a fight 3,000 miles away from home, he *had* to
have
been looking for it.



 




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