On Sat, 17 Nov 2007 09:09:08 -0800, Richard Riley wrote:



An owner who goes that way should also list the engine as
experimental. A Cozy builder locally listed his airplane as a Jones
Runabout or some such, but listed the Lycoming 360 engine. The
assessor said the last plane they'd billed with that kind of engine
was a new Cessna 172, therefor the homebuilt was worth as much as the
Cessna - $250k.

That's a good tip. I would have never thought of the engine being a tax target.

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