BeechTalk - BT - Off the market (2008 Pilatus PC12NG)

Username Protected · **Posted:** 22 Nov 2018, 22:42

What kind of missions are these? I Hope your sale goes as quick as mine.

Username Protected wrote:

I flown five 250NM flights in the last 24 hours. All at 17,500’. I’d feel like a fool doing all that in a CJ3+.

Flying another 250NM leg in the AM.

Username Protected · **Posted:** 22 Nov 2018, 22:47

Username Protected wrote:

I flown five 250NM flights in the last 24 hours. All at 17,500’. I’d feel like a fool doing all that in a CJ3+.

Flying another 250NM leg in the AM.

Username Protected · **Posted:** 22 Nov 2018, 22:53

Jason,
Why a new NG? They don’t have much over what yours has. Buy synthetic vision, a 5 blade prop, new P&I and you’ve pretty much have a new one plus 1.5m in the bank.

Username Protected · **Posted:** 22 Nov 2018, 22:56

Username Protected wrote:

Jason,
Why a new NG? They don’t have much over what yours has. Buy synthetic vision, a 5 blade prop, new P&I and you’ve pretty much have a new one plus 1.5m in the bank.

New one also has 4 year warranty and 4 years of service included.

Plus I get to write the whole thing off instantly.

Username Protected · **Posted:** 22 Nov 2018, 23:00

JC,
What hurts is when they tell you the recapture is ordinary income.... :bang:

Username Protected · **Posted:** 22 Nov 2018, 23:03

Username Protected wrote:

JC,
What hurts is when they tell you the recapture is ordinary income.... :bang:

Yup. I’ll be dealing with that on the one I have too

Username Protected · **Posted:** 22 Nov 2018, 23:19

Username Protected wrote:

Plus I get to write the whole thing off instantly.

And you also get to recapture 3.3m instantly. :thumbdown:

I am speculating that you are buying a new one to put yourself at the front of the PC24 line when they reopen the order book.....

Username Protected · **Posted:** 23 Nov 2018, 11:26

Username Protected wrote:

JC,
What hurts is when they tell you the recapture is ordinary income.... :bang:

Yup. I’ll be dealing with that on the one I have too

Username Protected · **Posted:** 23 Nov 2018, 11:39

Username Protected wrote:

1031 exchange?

Only if JC sleeps in it. 1031 limited to real estate in new tax law.

Username Protected · **Posted:** 23 Nov 2018, 11:47

There is an interesting way available right now to bypass the recapture. Takes a large number to make it worthwhile. This qualifies but not needed since JC is adding to the “problem” and not ready to “unwind”. Too complicated to post here.

Username Protected · **Posted:** 23 Nov 2018, 11:47

Username Protected wrote:

1031 exchange?

Only if JC sleeps in it. 1031 limited to real estate in new tax law.

Username Protected · **Posted:** 23 Nov 2018, 12:01

Username Protected wrote:

There is an interesting way available right now to bypass the recapture. Takes a large number to make it worthwhile. This qualifies but not needed since JC is adding to the “problem” and not ready to “unwind”. Too complicated to post here.

Inquiring minds want to know.... Of course, maybe in a new thread.

On topic, this plane is just perfect and seems to be one of the few planes that really holds it's value.

Username Protected · **Posted:** 23 Nov 2018, 12:30

Jason you use it so much, it will be missed. But selling it early is better than waiting and trading it in for something. That has been my experience anyway.

With the Denali slowly coming out, there has to be some serious updates coming for the PC12. Would only be a reasonable deduction.