Hang 4
Pattern Altitude
- Joined
- Aug 18, 2017
- Messages
- 2,332
- Display Name
Display name:
Hang 4
The comments are far more interesting than the video. I don't know jet values well, but how they get to $80k in back taxes seems like a real stretch.
The comments are far more interesting than the video. I don't know jet values well, but how they get to $80k in back taxes seems like a real stretch.
I have the same problem. I opened a Facebook account a few months back solely for the purpose of looking at things like this. I used it so little, they shut my account down. Sigh.Anyway for us facebookless ones to see that?
Well, if you pay your taxes, no worries.That’s a county that won’t get my business.
I would think that would be a pretty easy argument, considering that aircraft have logbooks. However, if some bureaucrat really wants your dollars, I'm sure they will try to find a way around something as common sense as a logbook.I know the State of California has people working for their treasury out patrolling airports and writing down tail numbers. If they see yours more than once, they send you a big bill for not registering your airplane with the state and for the taxes due on it. A friend of mine goes back and forth to SoCal often, and they sent him a bill for $$$$$$ for his jet, claiming it is based in the state, but not registered. He had to convince them it isn't based there, only visits.
I believe it's used in a charter service, but the company is registered out of CO. Who knows how they're establishing the property taxes owed. The best part is, if the charter service is actually busy, they probably generate more in tax dollars for fuel/hangar rent/ramp and FBO services than the property taxes, lol. The county/city could actually lose money by seizing his property.Hey..!!!!
Who put that orange tag on my plane..!!!!
Austin. No big surprise. I would be willing to bet that the tax problem is probably over some property taxes and the property has been in dispute over ownership within the family, and has been in the lawyers hands for several years now as they try to decide who really owes the back tax.
Or some crazy gazzilionaire left all their money to the cat..... and all the worthless kids (who all try to act as if they are from Germany and smoke cigarettes by holding them between their thumb and forefinger)) are fighting over the ownership of the cat.
I would think that would be a pretty easy argument, considering that aircraft have logbooks. However, if some bureaucrat really wants your dollars, I'm sure they will try to find a way around something as common sense as a logbook.
BAE 125 800A isn't worth much...
I would think that would be a pretty easy argument, considering that aircraft have logbooks. However, if some bureaucrat really wants your dollars, I'm sure they will try to find a way around something as common sense as a logbook.
aircraft is registered to an Englewood, CO company ... Texas is fixin' for a war?
Well, if you pay your taxes, no worries.
The mob had the same thing with buying protection, just buy our protection and nothing bad will happen to you.
Sounds like they need some folks in yellow vests over in that county.
We do it is called Antifa... but they are very misguided.... seems like they have just graduated from the Xinjiang re-eduction camp
Probably has run out engines,and overdue phase checks.
I was thinking along the same line. Does the amount owed by the owner exceed the value of the plane? He might be getting a better deal by allowing the state to seize the plane than he would by paying the debt.
Not sure about Texas, but normally yes. And if the plane sells more than the amount of debt, in most cases the state must return the excess to the owner.I see what you saying, get rid of the money pit.
But if the sale of the plane does not cover the amount of the debt, would the owner still be liable for the rest of the debt?
Not sure about Texas, but normally yes. And if the plane sells more than the amount of debt, in most cases the state must return the excess to the owner.
Yes, well the "owner" is a defunct corporation. There's nobody to get more money out of, nor to pay it back to.
What would be the price for this assuming a sale with documentation?