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personal property tax on homebuilt aircraft
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In article ,
"Stu Fields" wrote: Jim Weir: I believe that you made reference to an exemption from personal property tax assessment on the basis of less than 5 aircraft of a specific model being made? Can you provide a reference to the tax code where that is defined? (I hope that this applies to California??) Stu Fields It DOES apply in California. Get the information on "historic aircraft" from your tax collector. You pay a one-time fee of $35 (per county based) and have to agree to display it to the public at least 12 days per year. -- To get random signatures put text files into a folder called ³Random Signatures² into your Preferences folder. |
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Orval Fairbairn wrote in message .. .
In article , "Stu Fields" wrote: Jim Weir: I believe that you made reference to an exemption from personal property tax assessment on the basis of less than 5 aircraft of a specific model being made? Can you provide a reference to the tax code where that is defined? (I hope that this applies to California??) Stu Fields It DOES apply in California. Get the information on "historic aircraft" from your tax collector. You pay a one-time fee of $35 (per county based) and have to agree to display it to the public at least 12 days per year. Is "display to the public" defined in the law? |
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Orval Fairbairn wrote in message .. .
In article , "Stu Fields" wrote: Jim Weir: I believe that you made reference to an exemption from personal property tax assessment on the basis of less than 5 aircraft of a specific model being made? Can you provide a reference to the tax code where that is defined? (I hope that this applies to California??) Stu Fields It DOES apply in California. Get the information on "historic aircraft" from your tax collector. You pay a one-time fee of $35 (per county based) and have to agree to display it to the public at least 12 days per year. Doesn't have to be less than 5 made, it just needs to be "antique" and for you to display it 12 times a year. I'm rusty on the years they consider "antique" in California, maybe 35 years old or older. I used to get the exemption on my Ercoupes. Ken J. - Sandy, Egg Ho |
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"Ken Sandyeggo" wrote in message
om... Doesn't have to be less than 5 made, it just needs to be "antique" and for you to display it 12 times a year. I'm rusty on the years they consider "antique" in California, maybe 35 years old or older. I used to get the exemption on my Ercoupes. Ken J. - Sandy, Egg Ho I realize this thread is mostly for California registration/tax. MN has Antique/Classic registration for aircraft over 50 years old at a one time fee of $25. "If an antique or classic aircraft is owned and operated solely as a collector's item" (http://www.dot.state.mn.us/aero/avof...creg/info.html) I registered my Ercoupe in MN and paid the one-time fee. |
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Bernie the Bunion wrote in message ...
Ken Sandyeggo wrote: I used to get the exemption on my Ercoupes. Ercoupes ????? Just how many did you own.??? I owned 3, but not all at the same time....a 66 Alon A2A which was the prototype A2A and started as a leftover Forney, a 49 G model and a 46 C model. Ken J. - Now Coupeless in Sandy Eggo |
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Ken Sandyeggo wrote:
I owned 3, but not all at the same time....a 66 Alon A2A which was the prototype A2A and started as a leftover Forney, a 49 G model and a 46 C model. Well that impresses the Bejeesus out of me. Any chance you could post some info as to your involvement with these planes. When you got them, what were they like to own, maintain, fly etc. For us arm chair pilots ( and lurkers ) what are the main differences between the models.... For instance do the numbers indicate model numbers or years they were produced in. Don't know about others in the group but I'm always interested in those types of stories and details. Speaking of pictures - I don't ever recall seeing pics of these planes on your website, do you have any - please and thank you. And finally if your site is still up could you post the URL. I'd like to see your latest $100 hamburger shots of you and your bottomless sidekick. Bernie |
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Bernie the Bunion wrote in message ...
Ken Sandyeggo wrote: I owned 3, but not all at the same time....a 66 Alon A2A which was the prototype A2A and started as a leftover Forney, a 49 G model and a 46 C model. Well that impresses the Bejeesus out of me. Any chance you could post some info as to your involvement with these planes. When you got them, what were they like to own, maintain, fly etc. For us arm chair pilots ( and lurkers ) what are the main differences between the models.... For instance do the numbers indicate model numbers or years they were produced in. Don't know about others in the group but I'm always interested in those types of stories and details. Speaking of pictures - I don't ever recall seeing pics of these planes on your website, do you have any - please and thank you. And finally if your site is still up could you post the URL. I'd like to see your latest $100 hamburger shots of you and your bottomless sidekick. Bernie Bernie, maybe your post will be the thing that kicks me in my ass to update my website. I've been flying the AAI conversion for months and still don't have any photos of it in the new configuration on my site. Here it is anyway: http://www.geocities.com/kenj_sandye...l?942383509800 When I get around to updating, I'll scan some 'Coupe photos and give them a section. The letters give a general time frame. The "C"s were the originals, but most were upgraded to "CD"s or "D"s if I recall. Mostly had to do with the elevator range I believe. The Alon had factory pedals and the "G" (around 1949) had them added with an after-market kit. The "C" was the original rudder-pedal-less version and was the one that I liked flying the best. There's no rudder trim, so I was always dancing on the rudder pedals to keep her straight. You just forget about it in the "C." If she flies sideways, you just keep your feet flat on the floor. You landed it the same way, in a crab. She'd straighten right out when the mains touched, and then you lowered the nosewheel so you could steer. If someone was so used to rudder pedals and had a hard time adjusting, you could glue 2 big rectangular sponges on the floor and then they could press their feet to their heart's content. They were pretty easy to maintain, except there's been a lot of corrosion showing up in the aluminum ribs and at the wing roots as most are well over 50 years old now. One AD calls for making Swiss cheese out of the bottoms of the wings for inspection holes. I think an alternative is a borescope inspection of some kind. If anyone buys one, make sure the wing-corrosion AD is taken care of or at least reflected in the price. I loved flying them and if I ever went back to FW, I'd probably get another. They're not as cheap as they used to be. You could get a really nice one for around 6-8000. I paid a premium price of 10 thou for my polished "G" model as it was a superb restoration. A few owners later it went for around 17 thou. Probably worth well over 20 today if it's in the same condition. Ken J. - Sandy A. Ghowe |
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On Wed, 20 Aug 2003 07:18:10 -0700, "Stu Fields"
wrote: Jim Weir: I believe that you made reference to an exemption from personal property tax assessment on the basis of less than 5 aircraft of a specific model being made? Can you provide a reference to the tax code where that is defined? (I hope that this applies to California??) In Michigan there is no personal tax on individually owned airplanes. Sales tax when you purchase and a yearly registration which is based on weight and far, far less than an automobile. Roger Halstead (K8RI EN73 & ARRL Life Member) www.rogerhalstead.com N833R World's oldest Debonair? (S# CD-2) Stu Fields |
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"Greg Burkhart" wrote in message news:3E61b.216963$YN5.148805@sccrnsc01...
"If an antique or classic aircraft is owned and operated solely as a collector's item" (http://www.dot.state.mn.us/aero/avof...creg/info.html) I registered my Ercoupe in MN and paid the one-time fee. Greg, how does MN deal with homebuilts? According to that page, you're required to register "when you acquire all or part of an aircraft" - that *could* be construed as the first shipment of spruce and plywood. But since you're the manufacturer, and the registration fee is based on the aircraft manufacturer's list price ... say I set a list price of $1. What does the state do? I suppose once it's flying they want you to register it as a "recreational aircraft" for $25 annually. It'd be nice if a new aircraft built from "classic" plans such as a Fly Baby or Pietenpol would qualify for the one-time fee. |
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