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#1
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I'm buying a second-hand GlaStar kit from Florida and I'm in Texas.
1. Does anyone know if there are sales tax or property tax implications regarding the purchase? I am picking it up myself and hauling it to Texas. 2. Is there a standard "bill of sale" I can use for the purchase? EAA or AOPA? - I'm a member of both. Cheers "Tex" |
#2
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![]() reader wrote: I'm buying a second-hand GlaStar kit from Florida and I'm in Texas. 1. Does anyone know if there are sales tax or property tax implications regarding the purchase? I am picking it up myself and hauling it to Texas. 2. Is there a standard "bill of sale" I can use for the purchase? EAA or AOPA? - I'm a member of both. Cheers "Tex" I can't be specific, but when I lived in Fl we used to get around sales tax for car sales by having the seller right out a receipt for $50. No one ever asked for the sales tax until it was time to transfer the title. I'm going to guess that there is no title for the kit, but to be on the safe side get the reciept. Also, when someone would transfer a car title from a Fl owner to anywhere, it had to have a notary stamp. Lou |
#3
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"Lou" wrote
I'm going to guess that there is no title for the kit, That's correct. It's just a pile of parts at this point. |
#4
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Bryan Martin wrote:
If Texas is anything like Michigan, Texas is not anything like Michigan. If the airplane is corporate owned (LLC, S-Corp or whatever the flavor/name may happened to be), then they levy taxes on it, but I dont recall hearing my hangarmates having to pay taxes on non-corporate, non-commercial, personal use aircraft. Dave |
#5
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In some states it's called a sales and/or use tax. If you can prove you
paid sales tax somewhere your covered. If you can't the state tells you what its worth. Get a reciept, even if for $50, $100, $200 so you can control the tax you pay. Lou |
#6
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What about sale/use tax on stuff purchased out of state from a private party
(not retail)? Most people don't pay sales tax on mail-order purchases from out of state, but an airplane will eventually be registered and the state might ask if sales tax had been paid. How does one get around that issue or minimize tax liability? |
#7
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Get a reciept, make it low along with a picture of the parts. This way
you will pay a tax but it will be for the parts cost not the value of the finshed plane. You may want to check with your state to see if they even have a use tax, or find a neighboring state that doesn't and register it there. No one said you had to register it where you live, just have it registered. |
#8
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"Lou" wrote in message
oups.com... No one said you had to register it where you live, just have it registered. Many states, including Washington, require in-state registration if the aircraft is within the state for more than thirty days. Anybody who depends on Usenet for accurate tax advice is . . . er . . . liable? Rich S. |
#9
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The School District where I hangered my plane years ago here in
Housston came around and looked through the door cracks (or openmed the doors if unlocked) and got the tail number and went and got the registered owner from OK City and sent them a tax bll for schools. If they don't get you one way they'll get you another ![]() Big John `````````````````````````````````````````````````` ``` On Wed, 01 Feb 2006 03:12:20 GMT, "reader" wrote: I'm buying a second-hand GlaStar kit from Florida and I'm in Texas. 1. Does anyone know if there are sales tax or property tax implications regarding the purchase? I am picking it up myself and hauling it to Texas. 2. Is there a standard "bill of sale" I can use for the purchase? EAA or AOPA? - I'm a member of both. Cheers "Tex" |
#10
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Let me rephrase that for you, "Anybody who depends
on Usenet for accurate tax advice without hiring a pro, is an idiot. |
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