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Jim; The taxes are different in each state. When I lived in KY, they
charged a 3% hull value tax every year. So I based the airplane in
Indiana,
which did not charge any tax. VA charged sales tax as well as an annual
license fee. I believe the sales tax was a one time charge which equaled
the
current sales tax rate. The annual license fee was a flat $15.
FL charges sales tax (6%) on the purchase price, but if you have
owned
your airplane over 5 years when you move to FL they waive the tax. There
are
no annual fees.
I have found the Coupe insurance to be very reasonable, when it is
added to the policy I have with AIG on my Bonanza. It costs only about
$300
to have $20K hull and a million liability with $5000 medical for
passengers.
Lynn Nelsen Frostproof FL.
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