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27 Oct 2025, 12:41 [ UTC - 5; DST ]


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 Post subject: Re: Buying a Helicycle
PostPosted: 14 May 2012, 08:03 
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I looked at the Baby Bell...I'd love a 47. Now I hear somebody is restarting the line, but they're at 22/300 prices.

August is very tempting. :cross:


Andy

What you need is a humming bird helicopter with C-18 in it..



Or a de-mil'd OH58. :thumbup:

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 Post subject: Re: Buying a Helicycle
PostPosted: 14 May 2012, 13:46 
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Location: --------- Charlotte, NC (KEQY) Alva, OK (KAVK)
Aircraft: 70 A36TN, Build RV8
Looks like fun. Any wire strike protection available for it?

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 Post subject: Re: Buying a Helicycle
PostPosted: 19 May 2012, 21:18 
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Helicycle at home for now until it goes to Wisconsin for the expert to look and and tweak. The previous owner was a Vietnam Huey pilot and a heck of a nice guy. Unfortunately, his flying days are most likely over. He claims he has lost the ability to fly it with confidence and even stuggles to write his name. I really felt bad for him as I could tell he really liked this machine and loves to fly. I felt bad as I left his home.

I will most likely fly it back from Wisconsin and then find a permanent home for it. I won't be leaving it in Indiana for 60 days or more since they will tax it.


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 Post subject: Re: Buying a Helicycle
PostPosted: 19 May 2012, 21:48 
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I will most likely fly it back from Wisconsin and then find a permanent home for it. I won't be leaving it in Indiana for 60 days or more since they will tax it.


Taxes on a 35k airplane can't be that bad. If you can make an argument for the valuation, that is.


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 Post subject: Re: Buying a Helicycle
PostPosted: 19 May 2012, 21:54 
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It's not the amount - it is the principle. Let's say you live in FL 7 months and IN for 5 months in the year. Even if you paid full FL tax, if your aircraft is in IN for 60 days or more (does not have to be consecutive) you will pay full 7% Indiana tax in addition to what you have already paid. Indiana is a very aircraft UNFRIENDLY state.

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 Post subject: Re: Buying a Helicycle
PostPosted: 19 May 2012, 21:56 
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It's not the amount - it is the principle. Let's say you live in FL 7 months and IN for 5 months in the year. Even if you paid full FL tax, if your aircraft is in IN for 60 days or more (does not have to be consecutive) you will pay full 7% Indiana tax in addition to what you have already paid. Indiana is a very aircraft UNFRIENDLY state.


Ok, getting double dipped would suck.. No treaties to prevent it?


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 Post subject: Re: Buying a Helicycle
PostPosted: 19 May 2012, 22:07 
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Nope. They call it a "use" tax instead of sales tax. In other words, if you use your airplane in Indiana for 60 days or more (even if it is just one flight) you will pay them 7% of the aircraft's value and they are the entity that will appraise it for you. It is pure crap, of course, but undefendable.

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 Post subject: Re: Buying a Helicycle
PostPosted: 19 May 2012, 22:45 
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.... and then find a permanent home for it.



Oh, I KNOW I can help ya out there! It'll be only a Bonanza ride away.

:cheers:


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 Post subject: Re: Buying a Helicycle
PostPosted: 28 Jun 2012, 19:33 
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Just went flying in an R22 and remembered this thread. What's the status, Todd?


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 Post subject: Re: Buying a Helicycle
PostPosted: 28 Jun 2012, 22:11 
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It's pretty much done. The engine had no damage as we first thought and the fuel controller leak was properly fixed. The guy working on it (the factory rep) also installed some improvements to the fuel system and fixed some electrical issues. He may have already test flown it. I will be picking it up after in get back from Disney in two weeks.

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 Post subject: Re: Buying a Helicycle
PostPosted: 28 Jun 2012, 22:29 
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In my best Cartman voice - Heli cool Todd , can we strafe pumpkins in a corn field this fall ?

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 Post subject: Re: Buying a Helicycle
PostPosted: 28 Jun 2012, 23:52 
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What you need to do is send the fam down on an airliner and do an x/c in the Helicycle. The offer of babysitting so you aviod all those nasty tax issues still stands.

The guy I'm flying with is getting a 44 in a few months -- next stop CFII-H. :thumbup:


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