Re: Best Single Pilot IFR Plane

We looked at houses (and land) from big bear to LA county - orange county, houses
are expensive there no doubt, thats a reason we never moved to california. Plus I
dont speak spanish. Only english.
Also Nevada does not have corporate income taxes so its a desirable place to
incorporate (I have an s-corp) nor do we have state taxes. So there is a reason
california seems to be moving to nevada and arizona.

I was not able to see the math you did on the 400k , you pay taxes on your tiedown
spot, but you didnt say how much yearly.

Your tie down spot for your airplane is different then someone who is purchasing a
home or land. Just like the tiedown I pay for monthly and the boarding for my wife's
horse (which is more then my airplane).



Craig Prouse wrote:

> "Jeff" wrote:
>
> > Land in vegas is way way over priced. So 350k for 2.5 acres, if it had a house
> > on it, would not be bad at all. 2.5 acres with nothing on it...not a chance.
>
> Overpriced?
>
> $350,000 around here gets you about 950 sq ft upstairs of a one car garage
> on no land whatsoever.
>
> The assessed value of my assigned tiedown location at PAO is $4413.  Mind
> you this is (generously) 1200 sq ft of some of the most undesirable land
> around, on a flood plain between a swamp and a garbage dump.  I get to pay
> property tax on it even though I rent it month to month.  Do the math, and
> that's over $400,000 for 2.5 acres of PAO tiedown space.  No house, just a
> thin layer of asphalt and 90 sets of tiedown ropes.