Today's Message Index:
----------------------
1. 01:36 AM - Re: registration results (Jim Sears)
2. 04:08 AM - Re: Lubrication for Rod End Bearings (glen matejcek)
3. 04:09 AM - Re: Re: registration results (Dana Overall)
4. 04:20 AM - Re: Home simulator, which (Dana Overall)
5. 05:24 AM - Re: Continuation on High CHT problem (glen matejcek)
6. 05:31 AM - Re: Re: Lubrication for Rod End Bearings (David Burton)
7. 06:43 AM - Re: Re: Lubrication for Rod End Bearings (Hopperdhh@aol.com)
8. 07:12 AM - Re: Re: Re: Lubrication for Rod End Bearings (David Burton)
9. 07:41 AM - Re: registration results (Lloyd, Daniel R.)
10. 08:19 AM - Re: registration results (Oliver Washburn)
11. 08:43 AM - Re: Re: Lubrication for Rod End Bearings (Carlos A Hernandez)
12. 08:54 AM - Re: Re: Lubrication for Rod End Bearings (Hopperdhh@aol.com)
13. 11:20 AM - Re: registration results (linn Walters)
14. 11:29 AM - Re: Re: Lubrication for Rod End Bearings (linn Walters)
15. 12:21 PM - Re: Re: registration results (Reuven Silberman)
16. 12:59 PM - oil sump bolts (sarg314)
17. 01:08 PM - Re: Re: registration results (Dana Overall)
18. 02:21 PM - Re: Re: registration results (Chuck Jensen)
19. 03:02 PM - Re: Re: registration results (linn Walters)
20. 05:29 PM - Re: registration results (dick martin)
21. 06:22 PM - Re: registration results (Richard Dudley)
Message 1
| INDEX | Back to Main INDEX |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
>> Now I guess it's only a matter of time before the state tax people hunt
>> me down. Anarchy, as a system of government, has its attractions.<<
Keep in mind that it may be from these taxes that our states help fund our
aviation infrastructure. When I bought kits for my RV-6A, I paid the sales
tax on them so that the state would not hunt me down later. When my
airplane was finished, I filed for state for property taxes. Today, I
proudly pay the property tax on my $25K RV every year. This year, it was
$71.13. Since it's the cheapest property tax I pay, I'm not complaining too
much. It used to be a lot more for other airplanes I've owned until the
state greatly reduced the tax rate on aircraft. For me, it's cheaper to pay
the tax than to incorporate in Delaware to avoid it. Besides, I rest easy
knowing our state is spending my money wisely. :-)
Jim Sears in KY
RV-6A N198JS
do not archive
Message 2
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | RE: Lubrication for Rod End Bearings |
Hi Dave-
As someone who's never used these products, it seems like the little
'pencil' oiler would be the way to go for lubing rod ends without lubing
everything else nearby. Have you used that product, or is there something
I'm missing here?
TIA-
> I think the can of Super-Lube is
> $8.00:
>
> http://www.micro-tools.com/store/item_detail.aspx?ItemCode=31110-F
Note that while
> any lubricant may cause problems with surface contamination and Super Lube
> could too, it is a synthetic hydrocarbon (Polytetrafluoroethylene) and
not a
> silicone.
glen matejcek
aerobubba@earthlink.net
Message 3
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
>From: Oldsfolks@aol.com
>Just remember - It isn't an airplane until it has been inspected and
>approved for flight !!
Bob, I wish that were so in Kentucky but it is not. There is not
notification when you reserve an N number. However, upon registration,
notification is sent to the resident state. In Kentucky it is then either a
tangible or intangible taxable piece of property for property tax purposes.
The sales tax issue applies whether you register, don't register if you
bought the parts out of state, from an entity other than another person not
doing business as, and didn't pay appropriate sales tax. They get you from
several directions. I won't say again what my profession is other than I'm
getting ready to get real busy and will be so up until just before Sun &
Fun:-)
With that said, I am waiting until after Jan. 1 to send in my registration.
In Kentucky you have the ability to pay the "use" (sales tax) on your
individual income tax return for the year in which bought the parts. I'll
pay some sales tax then. The idea of property tax applies to what you had
in your possession on Jan. 1, the previous year. So, by waiting post Jan. 1
2007, my property tax will not be assessed until Jan. 1 2008 and not due
until the fall of 2009. I'd rather play with my money than have "them" play
with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
I am a........
Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
airplane). I am not desiring to get around paying property tax, however, if
I register it as an RV, there is a huge data bank for the state to
arbitrarily apply a value to my airplane. It could be more, less than what
I think it is worth. By not giving them something to cross reference, I get
to tell them for a change. No, they don't send someone out to look at it,
even if they did, what are the chances they would have any idea what an RV
airplane or a DO airplane was? Yes, you can get RV insurance on and
airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
purposes).
Taxes on Christmas Eve...............Bah Humbug!!
BTW, MERRY CHRISTMAS
Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive
_________________________________________________________________
The MSN Entertainment Guide to Golden Globes is here. Get all the scoop.
http://tv.msn.com/tv/globes2007/
Message 4
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Home simulator, which |
>From: "Dave Cordner" <davcor@comcast.net>
. I also have the Dynon plug ins
>from Factory Flight Simulations but be aware that you can only load the
>Dynon models into the standard MSFS airplanes(not the RV7's!).
>I have the typical CH products pedals and yoke, I occasionally will use the
>Logitech Wingman Force 3d stick.
Dave, I have this same setup. However, I can overlay the Dynon D10 and EMS
D-180 engine moniter over the standard RV panel and fly the RV-7 using the
Dynons. They are not "installed" in the panel but have given me a little
heads up in how to fly my glass panel.
Toys..................................YES, He who dies with the most toys
wins!!!
Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive
_________________________________________________________________
Your Hotmail address already works to sign into Windows Live Messenger! Get
it now
Message 5
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | RE: Continuation on High CHT problem |
Hi Dan-
Thanks for all the info. It's going to be very interesting seeing how this
plays out. It looks like your cooler is about 20% larger than mine, and is
mounted similarly. I spent a lot of time trying to come up with a good
diffuser for the cooler- time will tell if it is a pipe dream. Your CHT
split is interesting. I'll be very curious to see if I have a similar
situation, since I'm picking the cooler flow off the opposite side, also.
Hi Dick-
My cooler is the recommended 4 3/8 by 5 3/4 (post debacle) Positech. It is
suspended from the engine mount, aircraft right, in a nearly horizontal
position. It is fed by a moderately sexy diffuser that will be fed by a 4"
scat off the plenum. I hope to fly it this spring. After all, it's only
been 9 years, 5 jobs, 2 stretches of unemployment, and one degree since I
started this project... I forget: Is that part of the glamour or of the
glory of aviation? I get so cornfused! ; - )
glen matejcek
aerobubba@earthlink.net
Message 6
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | RE: Lubrication for Rod End Bearings |
Hi Dave-
As someone who's never used these products, it seems like the little
'pencil' oiler would be the way to go for lubing rod ends without lubing
everything else nearby. Have you used that product, or is there something
I'm missing here?
TIA-
Hi Glen,
I buy a half dozen of the pencil oilers at a time. In the past I purchased
syringes and filled them with the oil I used before Super Lube to be able to
apply just the right amount.
Dave
Message 7
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: RE: Lubrication for Rod End Bearings |
In a message dated 12/24/2006 7:10:31 AM Eastern Standard Time,
aerobubba@earthlink.net writes:
http://www.micro-tools.com/store/item_detail.aspx?ItemCode=31110-F
What do you suppose the symbol with the airplane crossed out means?
Dan Hopper
RV-7A
Message 8
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: RE: Lubrication for Rod End Bearings |
NOTIFY <http://www.micro-tools.com/store/images/site/Lilac/no_air.gif>
What do you suppose the symbol with the airplane crossed out means?
Dan Hopper
RV-7A
The product doesn't meet the FAA's regulations for flammability (for
shipment). It has to ship ground freight.
This lubricant is dry, carried in a solvent. When you apply it, the solvent
flashes off leaving the dry lubricant behind. This can be desirable because
it will not adhere dirt the way a lubricant that remains liquid might.
Dave
Message 9
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | registration results |
I suppose one could register it as a unique model rather than an RV.
Then when you are contacted by the state you could say that you built it
from planes and that you ordered the raw materials from Aircraft Spruce
and show several thousand in receipts and pay tax on those. But if you
registered it as an RV model, then all bets are off as they know the
value.
Just thinking out loud of course!
-----Original Message-----
From: owner-rv-list-server@matronics.com
[mailto:owner-rv-list-server@matronics.com] On Behalf Of Garry
Sent: Saturday, December 23, 2006 8:08 PM
Subject: Re: RV-List: registration results
As an ahem, er, "hypothetical exercise" only, are there any tips to pass
along as to how to minimize the State Sales Tax? Anonymous replies only
will be greatly appreciated as I'm just a few months away from facing
this
dilemma.
Anonymous
RV7A
----- Original Message -----
From: "sarg314" <sarg314@comcast.net>
Sent: Saturday, December 23, 2006 5:08 PM
Subject: RV-List: registration results
>
> Last month I posted a question about how long it takes to get FAA
> registration. I'd heard stories about it taking 3 to 6 months. I
mailed
> in my registration forms on Nov. 28 and just got the registration
back.
> Twenty five days. Way faster than I expected.
>
> Now I guess it's only a matter of time before the state tax people
hunt me
> down. Anarchy, as a system of government, has its attractions.
> --
> Tom Sargent, RV-6A
>
>
>
Message 10
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
You are one of the lucky ones, I sent mine in for Rans S7S Oct 13th and
still don't have it.
Ollie 6A Central FL.
----- Original Message -----
From: "sarg314" <sarg314@comcast.net>
Sent: Saturday, December 23, 2006 5:08 PM
Subject: RV-List: registration results
>
> Last month I posted a question about how long it takes to get FAA
> registration. I'd heard stories about it taking 3 to 6 months. I mailed
> in my registration forms on Nov. 28 and just got the registration back.
> Twenty five days. Way faster than I expected.
>
> Now I guess it's only a matter of time before the state tax people hunt me
> down. Anarchy, as a system of government, has its attractions.
> --
> Tom Sargent, RV-6A
>
>
>
Message 11
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: RE: Lubrication for Rod End Bearings |
David Burton wrote:
> NOTIFY
>
> What do you suppose the symbol with the airplane crossed out means?
>
> Dan Hopper
>
> RV-7A
>
>*The product doesnt meet the FAAs regulations for flammability (for shipment).
It has to ship ground freight*
>
>* *
>
>*This lubricant is dry, carried in a solvent. When you apply it, the solvent
flashes off leaving the dry lubricant behind. This can be desirable because it
will not adhere dirt the way a lubricant that remains liquid might.*
>
>* *
>
>*Dave*
>
>* *
>
>* *
>
>*
>
>
>*
>
I believe it to mean that they will not air ship it. They will send it
ground.
Carlos in AZ
N174PP - Rudder finished yesterday (Minus fiberglass)
Message 12
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: RE: Lubrication for Rod End Bearings |
Carlos and Dave,
Silly me! I jumped to the conclusion that it was not to be USED on
airplanes! Thanks for straightening me out on this matter.
Merry Christmas,
Dan
In a message dated 12/24/2006 10:14:28 AM Eastern Standard Time,
d-burton@comcast.net writes:
What do you suppose the symbol with the airplane crossed out means?
Dan Hopper
RV-7A
The product doesn=99t meet the FAA=99s regulations for flammabil
ity (for
shipment). It has to ship ground freight
This lubricant is dry, carried in a solvent. When you apply it, the solvent
flashes off leaving the dry lubricant behind. This can be desirable because
it will not adhere dirt the way a lubricant that remains liquid might.
Dave
I believe it to mean that they will not air ship it. They will send it
ground.
Carlos in AZ
N174PP - Rudder finished yesterday (Minus fiberglass)
Message 13
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
Hi Jim!
Jim Sears wrote:
>
>>> Now I guess it's only a matter of time before the state tax people
>>> hunt me down. Anarchy, as a system of government, has its
>>> attractions.<<
>>
> Keep in mind that it may be from these taxes that our states help fund
> our aviation infrastructure.
Well, in a round about way. All sales taxes (for most states) go into
the 'general fund' ....... but the state DOT may get it's funding from
the general fund. The other funding sourse for airports is, of course,
the FAA and the Aviation Trust Fund ..... which is supported by ticket
taxes and avfuel taxes.
> When I bought kits for my RV-6A, I paid the sales tax on them so
> that the state would not hunt me down later. When my airplane was
> finished, I filed for state for property taxes. Today, I proudly pay
> the property tax on my $25K RV every year. This year, it was $71.13.
FL used to have a use tax for airplanes ..... you bought a sticker each
year ....... but if your airplane was stored in a hangar it was hard for
the tax man to see ..... and send you a letter. They finally dropped
that tax!
> Since it's the cheapest property tax I pay, I'm not complaining too
> much. It used to be a lot more for other airplanes I've owned until
> the state greatly reduced the tax rate on aircraft.
Well, they're headed in the right direction, I guess.
> For me, it's cheaper to pay the tax than to incorporate in Delaware
> to avoid it. Besides, I rest easy knowing our state is spending my
> money wisely. :-)
Sorry Jim, but I have trouble understanding that concept!!! ;-) I
didn't know the Government ever did that!
Linn
>
>
> Jim Sears in KY
> RV-6A N198JS
> do not archive
>
>
Message 14
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: RE: Lubrication for Rod End Bearings |
Message 15
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
Your problem is not really with the state taxation folks but potentially with your
insurance company. And trying to hide your RV from the state as a one-of just
because you registered it as a Speed-Burner 1 could be construed as fraud.
As for the insurance company they will want to know what it is insuring. So
you tell them it is registered as a Speed-Burner 1 and they say WOH - we have
no history with that model and it doesnt show up on any listing we have of production
or homebuilt aircraft, so we decline to insure it. But being the slick
guy you are you tell the insurance company it is and RV-(x) and they say -
Heres Your Policy have-a-nice-day. NOW comes the potentially fun part. Due
to no fault of your own (being an excellent pilot) your airplane departs the
paved parts of a controlled airport and the tower closes that part of the airport
for a period of time and fills out an incident report on an RV-(x). You call
the insurance company to file a claim, they pull
your file AND check the FAA data base. OH OH we have a discrepancy here - now
the fun begins. Ya sure you want to open that box of snakes vs paying a few dollars
to the state?
Anon
>From: Oldsfolks@aol.com
>Just remember - It isn't an airplane until it has been inspected and
>approved for flight !!
Bob, I wish that were so in Kentucky but it is not. There is not
notification when you reserve an N number. However, upon registration,
notification is sent to the resident state. In Kentucky it is then either a
tangible or intangible taxable piece of property for property tax purposes.
The sales tax issue applies whether you register, don't register if you
bought the parts out of state, from an entity other than another person not
doing business as, and didn't pay appropriate sales tax. They get you from
several directions. I won't say again what my profession is other than I'm
getting ready to get real busy and will be so up until just before Sun &
Fun:-)
With that said, I am waiting until after Jan. 1 to send in my registration.
In Kentucky you have the ability to pay the "use" (sales tax) on your
individual income tax return for the year in which bought the parts. I'll
pay some sales tax then. The idea of property tax applies to what you had
in your possession on Jan. 1, the previous year. So, by waiting post Jan. 1
2007, my property tax will not be assessed until Jan. 1 2008 and not due
until the fall of 2009. I'd rather play with my money than have "them" play
with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
I am a........
Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
airplane). I am not desiring to get around paying property tax, however, if
I register it as an RV, there is a huge data bank for the state to
arbitrarily apply a value to my airplane. It could be more, less than what
I think it is worth. By not giving them something to cross reference, I get
to tell them for a change. No, they don't send someone out to look at it,
even if they did, what are the chances they would have any idea what an RV
airplane or a DO airplane was? Yes, you can get RV insurance on and
airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
purposes).
Taxes on Christmas Eve...............Bah Humbug!!
BTW, MERRY CHRISTMAS
Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive
_________________________________________________________________
The MSN Entertainment Guide to Golden Globes is here. Get all the scoop.
http://tv.msn.com/tv/globes2007/
"No pressure, no diamonds".
~Thomas Carlyle
Message 16
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
I just started looking at my oil sump bolts to pick one to hold an Adel
clamp to restrain wiring. I notcide that most of them are installed
upside down (head lower than the nut). This engine is as Bart Lalonde
gave it to me. I thought all bolts in a plane were supposed to be
installed ith the head on top if at all possible.
It's also easier to torque the bolt to the proper value if the nut is
in the bottom where you can get to it with a socket wrench+extendion.
BTW: What is the proper torque value for the oil sump bolts?
--
Tom S.
Message 17
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
You are reading WAY too much into this. Sounds like a what if, what if, I
heard, saw one time....er, I mean I heard someone saw one time scenerio. It
sounds like you need to register yours as Van's RV 70957, or whatever your
builder number is.
Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive
>From: Reuven Silberman <pilots2@yahoo.com>
>To: rv-list@matronics.com
>Subject: RE: RV-List: Re: registration results
>Date: Sun, 24 Dec 2006 12:19:55 -0800 (PST)
>
>Your problem is not really with the state taxation folks but potentially
>with your insurance company. And trying to hide your RV from the state as a
>one-of just because you registered it as a Speed-Burner 1 could be
>construed as fraud. As for the insurance company they will want to know
>what it is insuring. So you tell them it is registered as a Speed-Burner 1
>and they say WOH - we have no history with that model and it doesnt show up
>on any listing we have of production or homebuilt aircraft, so we decline
>to insure it. But being the slick guy you are you tell the insurance
>company it is and RV-(x) and they say - Heres Your Policy
>have-a-nice-day. NOW comes the potentially fun part. Due to no fault of
>your own (being an excellent pilot) your airplane departs the paved parts
>of a controlled airport and the tower closes that part of the airport for a
>period of time and fills out an incident report on an RV-(x). You call the
>insurance company to file a claim, they pull
> your file AND check the FAA data base. OH OH we have a discrepancy here -
>now the fun begins. Ya sure you want to open that box of snakes vs paying
>a few dollars to the state?
>
>Anon
>
>"Dana Overall"
>
> >From: Oldsfolks@aol.com
>
> >Just remember - It isn't an airplane until it has been inspected and
> >approved for flight !!
>
>Bob, I wish that were so in Kentucky but it is not. There is not
>notification when you reserve an N number. However, upon registration,
>notification is sent to the resident state. In Kentucky it is then either
>a
>tangible or intangible taxable piece of property for property tax purposes.
>The sales tax issue applies whether you register, don't register if you
>bought the parts out of state, from an entity other than another person not
>doing business as, and didn't pay appropriate sales tax. They get you from
>several directions. I won't say again what my profession is other than I'm
>getting ready to get real busy and will be so up until just before Sun &
>Fun:-)
>
>With that said, I am waiting until after Jan. 1 to send in my registration.
>In Kentucky you have the ability to pay the "use" (sales tax) on your
>individual income tax return for the year in which bought the parts. I'll
>pay some sales tax then. The idea of property tax applies to what you had
>in your possession on Jan. 1, the previous year. So, by waiting post Jan.
>1
>2007, my property tax will not be assessed until Jan. 1 2008 and not due
>until the fall of 2009. I'd rather play with my money than have "them"
>play
>with it. Enough of tax ideas, leave that up to the CPA's.........oh, wait
>I am a........
>
>Property tax. I am registering my airplane as a DO-2 (Dana Overall, second
>airplane). I am not desiring to get around paying property tax, however,
>if
>I register it as an RV, there is a huge data bank for the state to
>arbitrarily apply a value to my airplane. It could be more, less than what
>I think it is worth. By not giving them something to cross reference, I
>get
>to tell them for a change. No, they don't send someone out to look at it,
>even if they did, what are the chances they would have any idea what an RV
>airplane or a DO airplane was? Yes, you can get RV insurance on and
>airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man This
>Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
>purposes).
>
>Taxes on Christmas Eve...............Bah Humbug!!
>
>BTW, MERRY CHRISTMAS
>
>Dana Overall
>Richmond, KY i39
>RV-7 slider, Imron black, "Black Magic"
>O 360 A1A, C/S C2YK-1BF/F7666A4
>http://rvflying.tripod.com/blackwing1.jpg
>http://rvflying.tripod.com
>do not archive
>
>_________________________________________________________________
>The MSN Entertainment Guide to Golden Globes is here. Get all the scoop.
>http://tv.msn.com/tv/globes2007/
>
>
>"No pressure, no diamonds".
> ~Thomas Carlyle
_________________________________________________________________
Fixing up the home? Live Search can help
Message 18
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
It seems to me that we have an obligation to be truthful to tax
authorities, but no obligation to be similarly helpful. Since no two
RV7s are exactly alike, the best that can be said is they are based on
the RV7 design, hence a unique name/designation is neither wrong nor
deceitful. The insurance company is interested is what general design
the aircraft conforms to, not what you call it. If you tell them it is
an RV7 and when they inspect the wreck and find two engines, you may
have a problem.
There are simply too many variations and interations of even a common
design, such as the RV7, to be meaningful for valuation and taxing
purposes. That's why when you look in Barnstormers and see the same
'model' experimental aircraft, the prices that are still all over the
lot. If they were the same, the price would be the same. Tax
authorizes tend to use a blunt instrument to extract maximum revenue.
If they over-reach, the appeal process will correct that. If they
under-reach, well....Merry Christmas.
Chuck Jensen
Do Not Archive
-----Original Message-----
From: owner-rv-list-server@matronics.com
[mailto:owner-rv-list-server@matronics.com] On Behalf Of Dana Overall
Sent: Sunday, December 24, 2006 4:08 PM
Subject: RE: RV-List: Re: registration results
You are reading WAY too much into this. Sounds like a what if, what if,
I
heard, saw one time....er, I mean I heard someone saw one time scenerio.
It
sounds like you need to register yours as Van's RV 70957, or whatever
your
builder number is.
Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
O 360 A1A, C/S C2YK-1BF/F7666A4
http://rvflying.tripod.com/blackwing1.jpg
http://rvflying.tripod.com
do not archive
>From: Reuven Silberman <pilots2@yahoo.com>
>To: rv-list@matronics.com
>Subject: RE: RV-List: Re: registration results
>Date: Sun, 24 Dec 2006 12:19:55 -0800 (PST)
>
>Your problem is not really with the state taxation folks but
>potentially
>with your insurance company. And trying to hide your RV from the state
as a
>one-of just because you registered it as a Speed-Burner 1 could be
>construed as fraud. As for the insurance company they will want to
know
>what it is insuring. So you tell them it is registered as a
Speed-Burner 1
>and they say WOH - we have no history with that model and it doesnt
show up
>on any listing we have of production or homebuilt aircraft, so we
decline
>to insure it. But being the slick guy you are you tell the insurance
>company it is and RV-(x) and they say - Heres Your Policy
>have-a-nice-day. NOW comes the potentially fun part. Due to no fault
of
>your own (being an excellent pilot) your airplane departs the paved
parts
>of a controlled airport and the tower closes that part of the airport
for a
>period of time and fills out an incident report on an RV-(x). You call
the
>insurance company to file a claim, they pull
> your file AND check the FAA data base. OH OH we have a discrepancy
here -
>now the fun begins. Ya sure you want to open that box of snakes vs
paying
>a few dollars to the state?
>
>Anon
>
>Dana Overall <bo124rs@hotmail.com> wrote: --> RV-List message posted
>by:
>"Dana Overall"
>
> >From: Oldsfolks@aol.com
>
> >Just remember - It isn't an airplane until it has been inspected and
> >approved for flight !!
>
>Bob, I wish that were so in Kentucky but it is not. There is not
>notification when you reserve an N number. However, upon registration,
>notification is sent to the resident state. In Kentucky it is then
>either a tangible or intangible taxable piece of property for property
>tax purposes. The sales tax issue applies whether you register, don't
>register if you bought the parts out of state, from an entity other
>than another person not doing business as, and didn't pay appropriate
>sales tax. They get you from several directions. I won't say again
>what my profession is other than I'm getting ready to get real busy and
>will be so up until just before Sun &
>Fun:-)
>
>With that said, I am waiting until after Jan. 1 to send in my
>registration. In Kentucky you have the ability to pay the "use" (sales
>tax) on your individual income tax return for the year in which bought
>the parts. I'll pay some sales tax then. The idea of property tax
>applies to what you had in your possession on Jan. 1, the previous
>year. So, by waiting post Jan. 1 2007, my property tax will not be
>assessed until Jan. 1 2008 and not due until the fall of 2009. I'd
>rather play with my money than have "them" play
>with it. Enough of tax ideas, leave that up to the CPA's.........oh,
wait
>I am a........
>
>Property tax. I am registering my airplane as a DO-2 (Dana Overall,
>second airplane). I am not desiring to get around paying property tax,
>however, if I register it as an RV, there is a huge data bank for the
>state to arbitrarily apply a value to my airplane. It could be more,
>less than what I think it is worth. By not giving them something to
>cross reference, I get
>to tell them for a change. No, they don't send someone out to look at
it,
>even if they did, what are the chances they would have any idea what an
RV
>airplane or a DO airplane was? Yes, you can get RV insurance on and
>airplane simply registered as a Double Throw Me Down-1, WOO HOO 7, Man
This
>Thing Cost A Fortune 10 (oh wait, that one maybe not a good one for tax
>purposes).
>
>Taxes on Christmas Eve...............Bah Humbug!!
>
>BTW, MERRY CHRISTMAS
>
>Dana Overall
>Richmond, KY i39
>RV-7 slider, Imron black, "Black Magic"
>O 360 A1A, C/S C2YK-1BF/F7666A4
>http://rvflying.tripod.com/blackwing1.jpg
>http://rvflying.tripod.com
>do not archive
>
>_________________________________________________________________
>The MSN Entertainment Guide to Golden Globes is here. Get all the
>scoop. http://tv.msn.com/tv/globes2007/
>
>
>"No pressure, no diamonds".
> ~Thomas Carlyle
_________________________________________________________________
Fixing up the home? Live Search can help
Message 19
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
Reuven Silberman wrote:
> Your problem is not really with the state taxation folks but
> potentially with your insurance company. And trying to hide your RV
> from the state as a one-of just because you registered it as a
> Speed-Burner 1 could be construed as fraud.
I don't see how. First off, the airplane is not an RV-10 ..... that's
the designation given to a couple of boxes of parts. Call it a part
number, if you will. When the factory cranks out a bunch of spam cans,
they're as identical as they can make them. The collective WE that
bought the boxes of parts cannot attain that goal, no matter how hard we
try. Builders have produced homebuilt aircraft named after the builders
..... probably since the first one!!!
> As for the insurance company they will want to know what it is
> insuring. So you tell them it is registered as a Speed-Burner 1 and
> they say WOH - we have no history with that model and it doesnt show
> up on any listing we have of production or homebuilt aircraft, so we
> decline to insure it. But being the slick guy you are you tell the
> insurance company it is and RV-(x) and they say - Heres Your Policy
> have-a-nice-day.
That's usually the way the conversation goes. The fraud here would be
if you told them it was a 'safest airplane -1' to get the good rate for
an airplane that had a good accident record. When you tried to collect
and the claims adjuster looks at the wreckage or pictures of same and
sees the difference.
> NOW comes the potentially fun part. Due to no fault of your own
> (being an excellent pilot) your airplane departs the paved parts of a
> controlled airport and the tower closes that part of the airport for a
> period of time and fills out an incident report on an RV-(x). You call
> the insurance company to file a claim, they pull your file AND check
> the FAA data base. OH OH we have a discrepancy here - now the fun begins.
The discrepancy is that the accident report should have covered a
Speed-Burner 1, since that is what it's registered as and the accident
investigator will get that from the airworthiness cert and registration
that's carried in the airplane. Perusing the accidents last month did
produce a few homebuilts, almost all with the owners last name and the
A/C designator.
> Ya sure you want to open that box of snakes vs paying a few dollars
> to the state?
Snakes??? That's a regulated commodity and you better have a license to
transport snakes in your Speed-Burner 1!! :-P
Linn
And Merry Christmas and a Happy New Year! ...... May Santa smile on
you greatly, and the reindeer miss!
do not archive
>
>
> Anon
>
> Dana Overall <bo124rs@hotmail.com> wrote:
>
>
> >From: Oldsfolks@aol.com
>
> >Just remember - It isn't an airplane until it has been inspected and
> >approved for flight !!
>
> Bob, I wish that were so in Kentucky but it is not. There is not
> notification when you reserve an N number. However, upon
> registration,
> notification is sent to the resident state. In Kentucky it is then
> either a
> tangible or intangible taxable piece of property for property tax
> purposes.
> The sales tax issue applies whether you register, don't register
> if you
> bought the parts out of state, from an entity other than another
> person not
> doing business as, and didn't pay appropriate sales tax. They get
> you from
> several directions. I won't say again what my profession is other
> than I'm
> getting ready to get real busy and will be so up until just before
> Sun &
> Fun:-)
>
> With that said, I am waiting until after Jan. 1 to send in my
> registration.
> In Kentucky you have the ability to pay the "use" (sales tax) on your
> individual income tax return for the year in which bought the
> parts. I'll
> pay some sales tax then. The idea of property tax applies to what
> you had
> in your possession on Jan. 1, the previous year. So, by waiting
> post Jan. 1
> 2007, my property tax will not be assessed until Jan. 1 2008 and
> not due
> until the fall of 2009. I'd rather play with my money than have
> "them" play
> with it. Enough of tax ideas, leave that up to the
> CPA's.........oh, wait
> I am a........
>
> Property tax. I am registering my airplane as a DO-2 (Dana
> Overall, second
> airplane). I am not desiring to get around paying property tax,
> however, if
> I register it as an RV, there is a huge data bank for the state to
> arbitrarily apply a value to my airplane. It could be more, less
> than what
> I think it is worth. By not giving them something to cross
> reference, I get
> to tell them for a change. No, they don't send someone out to look
> at it,
> even if they did, what are the chances they would have any idea
> what an RV
> airplane or a DO airplane was? Yes, you can get RV insurance on and
> airplane simply registered as a Double Throw Me Down-1, WOO HOO 7,
> Man This
> Thing Cost A Fortune 10 (oh wait, that one maybe not a good one
> for tax
> purposes).
>
> Taxes on Christmas Eve...............Bah Humbug!!
>
> BTW, MERRY CHRISTMAS
>
> Dana Overall
> Richmond, KY i39
> RV-7 slider, Imron
>
>
Message 20
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
Garry,
I llive in Wisconsin where we have a very aggressive tax bureau. When I
finished my RV8, I paid them a tax on the invoice value from Vans on the
basic fuselage kit. Many others in my state have done the same.
Dick
----- Original Message -----
From: "Garry" <garrys@tampabay.rr.com>
Sent: Saturday, December 23, 2006 7:07 PM
Subject: Re: RV-List: registration results
>
> As an ahem, er, "hypothetical exercise" only, are there any tips to pass
> along as to how to minimize the State Sales Tax? Anonymous replies only
> will be greatly appreciated as I'm just a few months away from facing this
> dilemma.
>
> Anonymous
> RV7A
>
> ----- Original Message -----
> From: "sarg314" <sarg314@comcast.net>
> To: <rv-list@matronics.com>
> Sent: Saturday, December 23, 2006 5:08 PM
> Subject: RV-List: registration results
>
>
>>
>> Last month I posted a question about how long it takes to get FAA
>> registration. I'd heard stories about it taking 3 to 6 months. I mailed
>> in my registration forms on Nov. 28 and just got the registration back.
>> Twenty five days. Way faster than I expected.
>>
>> Now I guess it's only a matter of time before the state tax people hunt
>> me down. Anarchy, as a system of government, has its attractions.
>> --
>> Tom Sargent, RV-6A
>>
>>
>>
>>
>>
>
>
>
Message 21
| INDEX | Back to Main INDEX |
| PREVIOUS | Skip to PREVIOUS Message |
| NEXT | Skip to NEXT Message |
| LIST | Reply to LIST Regarding this Message |
| SENDER | Reply to SENDER Regarding this Message |
|
| Subject: | Re: registration results |
Hi Dick,
That is a very common practice. Many have done the same here in Florida.
I am wondering what happens if and when one sells that aircraft for its
value, as completed.
Does the tax organization get that information and compare it with the
value as originally taxed?
Perhaps someone has that information, a related comment or actual
experience with that scenario.
Regards and Merry Christmas.
Richard Dudley
dick martin wrote:
>
> Garry,
> I llive in Wisconsin where we have a very aggressive tax bureau. When
> I finished my RV8, I paid them a tax on the invoice value from Vans on
> the basic fuselage kit. Many others in my state have done the same.
> Dick
> ----- Original Message ----- From: "Garry" <garrys@tampabay.rr.com>
> To: <rv-list@matronics.com>
> Sent: Saturday, December 23, 2006 7:07 PM
> Subject: Re: RV-List: registration results
>
>
>>
>> As an ahem, er, "hypothetical exercise" only, are there any tips to
>> pass along as to how to minimize the State Sales Tax? Anonymous
>> replies only will be greatly appreciated as I'm just a few months
>> away from facing this dilemma.
>>
>> Anonymous
>> RV7A
>>
>> ----- Original Message ----- From: "sarg314" <sarg314@comcast.net>
>> To: <rv-list@matronics.com>
>> Sent: Saturday, December 23, 2006 5:08 PM
>> Subject: RV-List: registration results
>>
>>
>>>
>>> Last month I posted a question about how long it takes to get FAA
>>> registration. I'd heard stories about it taking 3 to 6 months. I
>>> mailed in my registration forms on Nov. 28 and just got the
>>> registration back. Twenty five days. Way faster than I expected.
>>>
>>> Now I guess it's only a matter of time before the state tax people
>>> hunt me down. Anarchy, as a system of government, has its attractions.
>>> --
>>> Tom Sargent, RV-6A
>>>
>>>
>>>
>>>
>>>
>>
>>
>>
>>
>>
>>
>>
>>
>
>
Other Matronics Email List Services
These Email List Services are sponsored solely by Matronics and through the generous Contributions of its members.
-- Please support this service by making your Contribution today! --
|