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#1
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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
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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
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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
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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
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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" |
#7
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#8
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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
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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
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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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