27 Oct 2025, 12:41 [ UTC - 5; DST ]
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Post subject: Re: Buying a Helicycle Posted: 14 May 2012, 08:03 |
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Joined: 03/03/10 Posts: 2506 Post Likes: +394 Location: MO
Aircraft: 350
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Username Protected wrote: 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.  Andy What you need is a humming bird helicopter with C-18 in it..
Or a de-mil'd OH58.
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Post subject: Re: Buying a Helicycle Posted: 19 May 2012, 21:48 |
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Joined: 07/26/10 Posts: 4296 Post Likes: +196 Location: West Palm Beach, FL (KLNA)
Aircraft: 1979 Duke B60
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Username Protected wrote: 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 Posted: 19 May 2012, 21:56 |
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Joined: 07/26/10 Posts: 4296 Post Likes: +196 Location: West Palm Beach, FL (KLNA)
Aircraft: 1979 Duke B60
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Username Protected wrote: 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 Posted: 19 May 2012, 22:45 |
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Joined: 03/03/10 Posts: 2506 Post Likes: +394 Location: MO
Aircraft: 350
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Username Protected wrote: .... 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. 
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Post subject: Re: Buying a Helicycle Posted: 28 Jun 2012, 23:52 |
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Joined: 03/03/10 Posts: 2506 Post Likes: +394 Location: MO
Aircraft: 350
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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. 
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