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Thanks! Exactly the type of respone I was looking for.
I'm not really looking to get sneaky, but if they're going to provide a legal way for me to avoid paying ~$15,000, then I'll seriously consider it. I think it would definitely be worth it to go through the trouble... r. wrote in message ... AH, I didn't realize the plane you wanted was already in California. If you are a state resident and you buy a plane in the same state, they will levy the use tax, even if you decide to keep it on the moon for 91 days. At least that's how it was explained to me. (I also bought a plane in CA while living here.) If you wanted to get sneaky you could have a friend in Oregon or Nevada buy the plane for you, I guess. Remember to make sure you would actually save money doing all this---when I calculated the costs of keeping the plane at a remote airport and going to visit it occasionally, the benefits lost their appeal rather quickly. But then my plane wasn't that expensive. Rob Thomas wrote: Actually, this specific question has not been flogged. My question is can you purchase an aircraft in California, have it delivered by the broker to Oregon, and 91 days later bring it back into California without sales/use |
#2
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That sounds like a nice plane....
![]() was only $4300) I highly recommend you go talk to an aviation lawyer who understands tax ramifications of what you are planning. There are some companies that specialize in doing stuff like this, but I have no idea what they charge. legal way for me to avoid paying ~$15,000, then I'll seriously consider it. |
#3
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![]() wrote in message ... That sounds like a nice plane.... ![]() was only $4300) I highly recommend you go talk to an aviation lawyer who understands tax ramifications of what you are planning. There are some companies that specialize in doing stuff like this, but I have no idea what they charge. legal way for me to avoid paying ~$15,000, then I'll seriously consider it. Excellent advice. I am now expert, but here are some thoughts/rambings. If you want a new plane, with new title, you will likely not be able to get away with this ruse. (when you do something to avoid a tax that would appear to be for no other reason than tax avoidance, they can usually get you. You might try an out of state corporation for rental, put it on leaseback elsewhere, and not ever rent it out. Then bring it home and take it private after the failed venture). Another idea may be to buy a demo plane from an out of state distributor, these can be titled new. Then lease the demo back to the dealer for a long enough period to qualify. It won't be new, it will be broken in. New title, nearly new plane, bonus depreciation for business use. Just a thought. |
#4
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In article ,
"Rob Thomas" wrote: Thanks! Exactly the type of respone I was looking for. I'm not really looking to get sneaky, but if they're going to provide a legal way for me to avoid paying ~$15,000, then I'll seriously consider it. I think it would definitely be worth it to go through the trouble... Perhaps there is someone up in Oregon who wants to buy your airplane and is willing to sell it right back to you. http://www.aeromarinetaxpros.com/ http://www.astc.com/ |
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