Questions about the aircraft selling process

SixPapaCharlie

May the force be with you
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I should know in a couple hours if it is a done deal. Looks like it is.

I don't know what forms are needed, the title / registration transfer process, and all the other junk that goes into selling a plane.

Anyone got a step by step guide.
I am keeping my N number so he will need to register a new one.
Also what about the "occasional sale" form that keeps the tax man away?
 
Why? That's a real pain in the wiener for the buyer.

Check AOPA for the required docs.

My tail number is my kids birth dates and initials.
I am going to pay for the new number, and to have it put on the plane.
So I believe the very first step will be for him to pick his number, and register it to the plane, then I sell it to him under the new number. Guessing there.
I don't want to sell it under the current number and end up losing my tail number.
 
Quite possibly.
Deb, Comanche, and Bo are all I am really considering.
If you want the info, Jim Lewis is an instructor at 52F who owns a Deb and can help with info and training.
 
For occasional sale (and the “fly-away” exemption), see this page: https://comptroller.texas.gov/taxes/publications/94-168.php

Actual form: https://comptroller.texas.gov/forms/01-917.pdf

You give this to Buyer.

Bill of sale (you give buyer this): https://www.faa.gov/forms/index.cfm/go/document.information/documentID/186163

Registration Application (buyer sends this to OKlahoma City):
https://www.faa.gov/forms/index.cfm/go/document.information/documentID/185220

Lots of forms ‘n’ stuff at:
https://www.faa.gov/licenses_certif...cation/aircraft_registry/aircraft_regn_forms/

There is no “title,” like we think about it with cars.

As for sequence of steps for the N-number, you’re probably right, but to be certain, you might check with one of the aircraft document services in OKC, who can walk the docs through for you and buyer. A little money for a lot of certainty. I used https://www.aictitle.com/
 
For occasional sale (and the “fly-away” exemption), see this page: https://comptroller.texas.gov/taxes/publications/94-168.php

Actual form: https://comptroller.texas.gov/forms/01-917.pdf

You give this to Buyer.

Bill of sale (you give buyer this): https://www.faa.gov/forms/index.cfm/go/document.information/documentID/186163

Registration Application (buyer sends this to OKlahoma City):
https://www.faa.gov/forms/index.cfm/go/document.information/documentID/185220

Lots of forms ‘n’ stuff at:
https://www.faa.gov/licenses_certif...cation/aircraft_registry/aircraft_regn_forms/

There is no “title,” like we think about it with cars.

As for sequence of steps for the N-number, you’re probably right, but to be certain, you might check with one of the aircraft document services in OKC, who can walk the docs through for you and buyer. A little money for a lot of certainty. I used https://www.aictitle.com/
Thank you spike
 
what about the three year landing gear bungees? and there are a couple of other ADs. ;) Each make/model has their warts.
Once you find out that the Comanche has no magnesium in the tail you won't look back.:)
But can, and often has been, terminated by STC.
 
I should know in a couple hours if it is a done deal. Looks like it is.

I don't know what forms are needed, the title / registration transfer process, and all the other junk that goes into selling a plane.

Anyone got a step by step guide.
I am keeping my N number so he will need to register a new one.
Also what about the "occasional sale" form that keeps the tax man away?
congratulations!

I thought the occasional sale thing was a myth but apparently not. Another reason to move to Texas. That's one hell of a loophole.
Once you fly a Bo you won’t look back
As a pa32 owner, I was afraid I might be missing out on the mythical bonanza. Then I sat in one.... damn things are tighter than a pa28. They appear to have been designed to be flown by 12 year old girls.
 
Thank you spike

It is a privilege, my friend.

congratulations!

I thought the occasional sale thing was a myth but apparently not. Another reason to move to Texas. That's one hell of a loophole.

As a pa32 owner, I was afraid I might be missing out on the mythical bonanza. Then I sat in one.... damn things are tighter than a pa28. They appear to have been designed to be flown by 12 year old girls.

If you’re looking for a wide cabin, the Bo is not for you… but it’s a good compromise. Comanche’s certainly wider, but when I told my wife I was buying an airplane, she told me, “It better be a Bonanza!” Who was I to argue with that?
 
If you’re looking for a wide cabin, the Bo is not for you…
I've been flying an A-36. It's plenty comfortable. Feels wider than the 182 and the V35.

@SixPapaCharlie, if you and Erin want to see an A36 up close, I can find out if it's okay for you to see the doctor bonanza to see what you two think about it.
 
what about the three year landing gear bungees? and there are a couple of other ADs. ;) Each make/model has their warts.

An AD that costs $45 in parts and less than an hour labor is an issue? That is hysterical considering Beech costs. :)
 
I thought the occasional sale thing was a myth but apparently not. Another reason to move to Texas. That's one hell of a loophole.
A number of states have occasional (sometimes called "casual") sale sales tax exemptions. It's a policy decision, not an unintended "loophole."
 
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