unipres
Well-Known Member
- Joined
- Mar 9, 2017
- Messages
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I had an opportunity to pick up a couple airplanes pretty affordably in a distress/trade-in type situation. I have an A&P IA that I trust to verify them mechanically and I'm getting pretty decent at understanding values. In other words, I won't do it unless it's a money maker. I'm interested in the logistics though. Both are out of annual but only by a few months...
1. They are not on the field but reasonably local.
2. What is normally done regarding sales tax?
3. Temporary insurance to demo them? Is this a thing?
I checked with the FAA, they can let you be a "dealer" very easily. It's like $10 plus $2 per plane to get a temporary registration.
Thoughts greatly appreciated!
1. They are not on the field but reasonably local.
2. What is normally done regarding sales tax?
3. Temporary insurance to demo them? Is this a thing?
I checked with the FAA, they can let you be a "dealer" very easily. It's like $10 plus $2 per plane to get a temporary registration.
Thoughts greatly appreciated!
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