Carl Froehlich
Well Known Member
I need a feed on whatever property tax and such is placed on RVs. Looking at an area near Gainesville (KGVL).
Thanks,
Carl
Thanks,
Carl
Just got the property tax bill on my $75,000 value plane based in Putnam County - approx $480. This will differ county by county depending on millage rate. Call the county tax office and ask them the millage rate.
Those are annual in Georgia, and states that have “ad valorem” taxes.
It's just part of the annual personal property tax obligation in Georgia - same process for boats, jet skis, and other watercraft too.Bummer
Then, I'm assuming they must have a special aviation taxing authority assessment. Florida hits you once on registration.
The millage rate varies with where the airplane is based, but the $30/$1000 rate (3%) is a reasonable estimate in most places.
I'm assuming they bill you when you register your N-number, then you tell them where your plane is based? (The address associated with my N-number would be my home address, but my plane may not be based in the county where I reside.)
I was hit with state sales tax as soon as I registered my RV4 with the FAA. Later the county valued my airplane for ad valorem tax according to asking prices that were listed in Trade-A-Plane for RV4’s. I had to argue with them that many factors establish the value of an airplane, not just inflated asking prices. I offered to sell it to them for what they had it valued at. In Georgia you might be able to pay all the tax up front and not have to pay anymore in subsequent years. At least that is how it works for automobiles. You can elect to pay all at once (expensive) when you buy or yearly thereafter. Not sure if that is an option on airplanes.