Annual Fees?

[Stan Cooper]

What exactly do you pay for with an annual property tax on an airplane?

I don't know, but I'm sure you could get a breakdown by contacting the Alameda County Assessor's Office.

 

[Country Flier]

In Michigan it's $0.01/lb of gross weight.

But we do get a nifty airport guide that has airport information along with meals/lodging/transportation/attractions near the airport plus a diagram for each public use airport in the state.

I'm not so sure we're getting that anymore. I notice the Michigan airport app has not been updated in over 7 months, the Michigan Aero website has been down, off and on for weeks, and I usually get the guide in the mail by now. Maybe a victim of COVID? I bet the state use tax department is still working though.

 

[donjohnston]

Where are you all getting annual inspection of of this?

He said annual registration.

Some states have them, some don't.

Most likely the title of the thread: "Annual Fees"
Some people don't read all the words in a post.

 

[Sundancer]

Good evening everyone. I was hoping I could get some clear (non government) answers on the annual registration. From my research, it appears as though it's so confusing, I have no idea what they heck they're talking about. Sad part is, I have a Doctorate in Computer Science.

Basically, I can figure out complex calculations, then design, and build, highly complex electrical components to route satellite signals around the planet, but I can't understand how much I'll be charged annually for a private plane. I'm not looking for exact numbers, just a rough guesstimate on annual fees, and was hoping I could get some help with it. Is there an equation to solve this?

Let's see if I can fill in as many variables as possible in hopes that someone could provide some insight. I haven't purchased a plane yet, still in the shopping stage, and don't want to get in over my head without knowing what I'm getting into.

For a rough guess, let's say:
Plane Value: $50,000 USD
Plane Age: 1970 (55 years old)
State/County: California/Alameda County (yeah...I know, land of taxes)

Any assistance other than "don't buy one" would be greatly appreciated.
Thank you in advance.

For a 172 in the Metro DC area we covered costs, including engine fund, for $90-$105 per hour each year, fuel being the variable. Covered it all - maintenance, engine reserve, avionics reserve, interior reserve, tie-down (no hangar), insurance. The while thing. 1974 C172, STEC AP, Garmin WAAS gps/coms, etc., pretty well equipped for IFR. That was for about 250 hours per year.

 

[Sundancer]

Good evening everyone. I was hoping I could get some clear (non government) answers on the annual registration. From my research, it appears as though it's so confusing, I have no idea what they heck they're talking about. Sad part is, I have a Doctorate in Computer Science.

Basically, I can figure out complex calculations, then design, and build, highly complex electrical components to route satellite signals around the planet, but I can't understand how much I'll be charged annually for a private plane. I'm not looking for exact numbers, just a rough guesstimate on annual fees, and was hoping I could get some help with it. Is there an equation to solve this?

Let's see if I can fill in as many variables as possible in hopes that someone could provide some insight. I haven't purchased a plane yet, still in the shopping stage, and don't want to get in over my head without knowing what I'm getting into.

For a rough guess, let's say:
Plane Value: $50,000 USD
Plane Age: 1970 (55 years old)
State/County: California/Alameda County (yeah...I know, land of taxes)

Any assistance other than "don't buy one" would be greatly appreciated.
Thank you in advance.

For a 172 in the Metro DC area we covered costs, including engine fund, for $90-$105 per hour each year, fuel being the variable. Covered it all - maintenance, engine reserve, avionics reserve, interior reserve, tie-down (no hangar), insurance. The while thing. 1974 C172, STEC AP, Garmin WAAS gps/coms, etc., pretty well equipped for IFR. That was for about 250 hours per year.

 

[PaulMillner]

Alameda County

There's a bunch of subtleties and workarounds, but you haven't given us enough data...

based at OAK? Private or public hangar/tiedown?

the tax rates per prop 13 can't exceed 1.25% of assessed value, but there's a bunch of ways to affect the assessed value...

I'm at OAk, president of the pilots' group at the airport. Drop me a PM if you want to discuss the subtleties.

Paul

 

[schmookeeg]

There's a bunch of subtleties and workarounds, but you haven't given us enough data...

based at OAK? Private or public hangar/tiedown?

the tax rates per prop 13 can't exceed 1.25% of assessed value, but there's a bunch of ways to affect the assessed value...

I'm at OAk, president of the pilots' group at the airport. Drop me a PM if you want to discuss the subtleties.

Paul

I'm hangared at HWD but would prefer OAK since I live in Bayfarmistan. Are there any large tee/non-trashed/box-not-tee hangars coming up anytime soon? I toured the port-a-ports and thought I was in haiti after a storm had hit, but the convenience would be unparalleled.

Are there social activities I can crash? I'm very OAK-curious.

 

[stickwiglr]

In CA the registered owner is mailed a foem each year from your county tax office. The form asks for condition of aircraft (paint, interrior, tbo E&A, equipment installed etc etc) they decide value of aircraft and tax about % of that annually. You will also pay CA state salws tax when you purchase aircraft regardless if purchased in CA or not.