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Property Tax on gliders in California?



 
 
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  #11  
Old March 21st 04, 04:17 PM
James
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How is the term "aircraft" defined? If aircraft have engines, and
gliders do not, then gliders are exempt. Gliders are "worthless"
without some sort of external takeoff source. Would this argument
work?


"BTIZ" wrote in message news:[email protected]
if the tax law says ... personal property.. it's taxable
if it specifies.. "aircraft".. it's taxable..

Ads
  #13  
Old March 21st 04, 11:34 PM
BTIZ
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according to the US AIM/FAR
any thing in the air is an "Aircraft"
airplanes have power
gliders glide..

but the definition that counts is in the tax book

BT
"James" wrote in message
om...
How is the term "aircraft" defined? If aircraft have engines, and
gliders do not, then gliders are exempt. Gliders are "worthless"
without some sort of external takeoff source. Would this argument
work?


"BTIZ" wrote in message

news:[email protected]
if the tax law says ... personal property.. it's taxable
if it specifies.. "aircraft".. it's taxable..



  #14  
Old March 22nd 04, 05:42 AM
Steve
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"BTIZ" wrote
A $100K value aircraft pays the same tax rate as a $100K house, in this
state/county anyway. But the aircraft "depreciates" on the tax rolls, and
the house "appreciates".

BT


Consider yourself lucky. In Kansas (Yes, home to The Air Capital of
The World), airplanes are taxed at THREE TIMES the rate of houses.
Here, 120K home pays about $1600 per year. So, an ASH-25 would have
to pay almost $5K/year.

But, if it is over 30 years old, it is eligible for exemption. Wanna
guess the age of my gliders? My 604 turned 31 last month. Happy
Birthday to you....

Steve Leonard
Wichita, KS
  #15  
Old March 22nd 04, 06:53 PM
DGRTEK
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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


  #16  
Old March 23rd 04, 01:28 AM
Thomas F. Dixon
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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
  #17  
Old March 23rd 04, 01:47 AM
Vorsanger1
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Can on register the plane in Idaho ($11.02 is a steal) and keep it and fly it
in CA ?

Cheers anyhow, Charles
  #19  
Old March 26th 04, 03:58 PM
126Flyr
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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
  #20  
Old March 26th 04, 04:17 PM
Marc Ramsey
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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
 




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