nippaero
Well Known Member
I am finishing an early RV-6 that was started by my grandfather. He purchased the kit back in '92. The total price back then was somewhere around $9000 from Vans (including the finishing kit!)
My question is when I get the plane registered, how would the state typically calculate the sales tax since this plane was no cost to me? I am in Idaho.
I am wondering if I should have him write out a bill of sale to me for some dollar mount or would they go off the original purchase price he paid.
Any ideas?
My question is when I get the plane registered, how would the state typically calculate the sales tax since this plane was no cost to me? I am in Idaho.
I am wondering if I should have him write out a bill of sale to me for some dollar mount or would they go off the original purchase price he paid.
Any ideas?