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#51
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Sorry Craig but it is you who is lacking in schooling (the reading
part that is). Jeff's question was "how much do you pay in taxes on your tiedown spot?" Nothing in your original post or reply gave any hint on that. BTW Jeff, the answer is about $52.00/year. (I'm also based at PAO). And yes it is different than the property taxes on land that you own. It's called a "possessory interest" tax. The sad thing is that it barely makes any money for the county. The amount collected is mostly used up by the costs involved with collecting the money and answering all the questions from the incredulous pilots who don't understand why they should have to pay such a ridiculous tax. Back to the original question however (best single pilot IFR plane), it is a Cessna 185 (of course - because that's what I fly!) I've got a turbonormalized IO550 in it, so I can fly over almost all the weather. It is light enough and has enough excess HP that it can haul its empty weight, and is tolerant of a little ice build-up here an there as one quickly climbs thru the icing layers to the wonderful wx on top. (25K is as high as I've gone so far, but I see no problem with going higher). It's fast enough that I can take my family of 4 across the country without any complaints yet miserly enough on the fuel that it doesn't break the bank. Unlike some other airplanes I've flown it is stable enough that when you look down at your chart and tune a radio, the airplane is still flying in the same direction when you look up, even if the auto pilot is off. And best of all its got the third wheel at the back where it belongs. I'll probably get arguments on that one, but I like the flexibility to land just about anywhere I find a flat spot. I don't have to worry about those flimsy nosewheel thingies that can get ripped off just by dropping into a minor gopher hole. Pretty much if you find a spot that any fixed wing airplane has landed, I'm going to be able to make it in and out of there safely. As you can see, I'm supporting the earlier poster who said that the answer depends on your mission. ~Paul Mennen "Craig Prouse" wrote "Jeff" wrote: I was not able to see the math you did on the 400k , you pay taxes on your tiedown spot, but you didnt say how much yearly. Schools fail to emphasize that without the facility to solve "story problems," there is not really any point in teaching arithmetic. You don't need to know the size of my tax bill to figure the value of the land. You just need to figure out how many of my tiedown spots would fit in 2.5 acres, then multiply by the value of the tiedown spot. I hinted at that when I specified the number of sets of tiedowns. Your tie down spot for your airplane is different then someone who is purchasing a home or land. That's not to say that the other two "R"s have not suffered as well. |
#52
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"Paul Mennen" wrote:
Sorry Craig but it is you who is lacking in schooling (the reading part that is). Jeff's question was "how much do you pay in taxes on your tiedown spot?" Nothing in your original post or reply gave any hint on that. My schooling is just fine, thank you. Read the thread again and quote with integrity. Jeff never asked anything, much less "how much do you pay in taxes on your tiedown spot?" Jeff stated, omitting several sics, "I was not able to see the math you did on the 400k , you pay taxes on your tiedown spot, but you didnt say how much yearly." My original post, which you must not have read, said in essence that 2.5 acres of PAO real estate must be worth over $400,000 based on my 1200 sq ft being worth $4413. Pretty simple, right? Jeff responded that he could not understand how I came to that figure, particularly without knowing what I paid in property tax. The amount you and I pay in possessory interest taxes is no big secret, but it was never relevant to the discussion, which is why I never stated it. |
#53
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25,000 ft?
what size engine does that thing have in it? Is your turbo an after market? Paul Mennen wrote: Back to the original question however (best single pilot IFR plane), it is a Cessna 185 (of course - because that's what I fly!) I've got a turbonormalized IO550 in it, so I can fly over almost all the weather. It is light enough and has enough excess HP that it can haul its empty weight, and is tolerant of a little ice build-up here an there as one quickly climbs thru the icing layers to the wonderful wx on top. (25K is as high as I've gone so far, but I see no problem with going higher). It's fast enough that I can take my family of 4 across the country without any complaints yet miserly enough on the fuel that it doesn't break the bank. Unlike some other airplanes I've flown it is stable enough that when you look down at your chart and tune a radio, the airplane is still flying in the same direction when you look up, even if the auto pilot is off. And best of all its got the third wheel at the back where it belongs. I'll probably get arguments on that one, but I like the flexibility to land just about anywhere I find a flat spot. I don't have to worry about those flimsy nosewheel thingies that can get ripped off just by dropping into a minor gopher hole. Pretty much if you find a spot that any fixed wing airplane has landed, I'm going to be able to make it in and out of there safely. As you can see, I'm supporting the earlier poster who said that the answer depends on your mission. ~Paul Mennen "Craig Prouse" wrote "Jeff" wrote: I was not able to see the math you did on the 400k , you pay taxes on your tiedown spot, but you didnt say how much yearly. Schools fail to emphasize that without the facility to solve "story problems," there is not really any point in teaching arithmetic. You don't need to know the size of my tax bill to figure the value of the land. You just need to figure out how many of my tiedown spots would fit in 2.5 acres, then multiply by the value of the tiedown spot. I hinted at that when I specified the number of sets of tiedowns. Your tie down spot for your airplane is different then someone who is purchasing a home or land. That's not to say that the other two "R"s have not suffered as well. |
#54
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Jeff wrote: I was not able to see the math you did on the 400k, you pay taxes on your tiedown spot, but you didnt say how much yearly. The taxes aren't relevant to the $400k calculation. Since you appear to be somewhat math-challenged, here's some help: One acre contains 43,560 square feet. This means that 2.5 acres will contain 108,900 square feet. He stated that his tiedown space is 1200 square feet; this means that there are (108,900/1200) = 90.75 tiedown spaces in 2.5 acres. He stated that his tiedown space is VALUED at $4413; therefore, 2.5 acres (90.75 tiedown spaces) would be VALUED at ($4413 x 90.75) = $400,479.75. Simple, no? |
#55
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"Craig Prouse" wrote
Jeff never asked anything, much less "how much do you pay in taxes on your tiedown spot?" Jeff stated, omitting several sics, "I was not able to see the math you did on the 400k , you pay taxes on your tiedown spot, but you didnt say how much yearly." I quoted precisely. You have a contradiction in even the short paragraph above. What words in "you didn't say how much yearly" don't you understand? Doesn't that mean he wishes to know how much you pay yearly? In any case, this has little to do with the subject of the thread, so perhaps we should drop it. ~Paul |
#56
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"Paul Mennen" wrote:
What words in "you didn't say how much yearly" don't you understand? Doesn't that mean he wishes to know how much you pay yearly? As a matter of fact, I don't think that's what it means at all. The full sentence was, again: "I was not able to see the math you did on the 400k , you pay taxes on your tiedown spot, but you didnt say how much yearly." This is a bit fractured, so before my brain can process it, I have to translate it as follows: "I was not able to see the math you did (to arrive at $400K because although) you pay taxes on your tiedown spot, ... you didn't say how much yearly." This is to what I was responding. My response is that the amount I pay in taxes is irrelevant to how I arrived at $400K. I suppose that there is another possible interpretation to which you subscribe: "I was not able to see the math you did (to arrive at $400K)." "Say, by the way, you pay taxes on your tiedown spot, but you didn't say how much yearly. Would you mind sharing that info?" It's unfortunate that we're left to guess and debate the actual meaning. That's what punctuation is for. In any case, this has little to do with the subject of the thread, so perhaps we should drop it. I suppose I'll have to swallow my pride and allow that my schooling in the art of reading is inadequate to allow me to divine what the heck Jeff is talking about. Perhaps this indicates a lack of creativity on my part. |
#57
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What sort of planes are you flying?
A Beech A36 Bonanza suits my missions nicely. I am in the midwest, fly on business and personal trips ranging from 100 to 1000 NM. I have a good avionics suite, stormscope, and avoid ice. I do not mind a thin strip of rime decending or climbing through a thin cloud deck, but that is about where I draw the line. Always have a way out. Costs are reasonable as long as you do your research and are willing to get your hands dirty. My name is on the registration, no one else's so I (and mom nature) can call the shots. Bob |
#58
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Where in Wales are you?
Paul (Rhondda, at least at the moment and about every other weekend) "Pete Cameron" wrote in message ... Incidentally, here in Wales the fields are almost VERTICAL, negating even the benefit of a private runway. |
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