Dan, In my CPA practice I deal with the sales tax authorities on a regular 
basis.  The nuts of the liability are, if you did not pay sales tax on out 
of state purchases from out of state businesses, not individuals, you are 
liable for the sales/use tax on the purchases...........with appropriate 
interest and penalty based on your state filing requirements.  The property 
tax can be based on what you actually paid on purchases from businesses and 
individuals or a mutually agreed upon value basis.



Dana Overall
Richmond, KY i39
RV-7 slider, Imron black, "Black Magic"
Finish kit
13B Rotary. Hangar flying my Dynon.
http://rvflying.tripod.com
http://rvflying.tripod.com/blackrudder.jpg
do not archive



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