Real Estate Development Company Get Sales Tax Exemption on Purchase of Cessna P210N Airplane
SACRAMENTO, CA: Aero & Marine Tax Professionals (http://www.aeromarinetaxpros.com/) recently helped a northern California real estate development company receive a tax exemption on the purchase of Cessna P210N airplane, from the California Board of Equalization (BOE).
An executive from the real estate development company stated: “I needed the plane to have a way to get to properties out of state. Flying commercial would take a full day rather than half a day, to some of our properties. This spring I had to take the plane to Maine. Someone had backed into the steps of one of our properties in a hit-and-run situation, and I urgently needed to get there to see the police report and talk to the person on-site. I was able to get there within a day. If I had flown commercial, I would have had to take a plane to Boston, and then drive a rental car up to Maine. It would have added at least a full day to the effort. There was another instance, a piece of property came on the market in Driggs, Idaho. Our agent called us, and I was able to get on the plane the next day, got there, saw the property, and got back home all in the same day. That would have taken at least a day and a half flying commercial. We found Aero & Marine Tax Professionals on the internet. I saw an excerpt online from a seminar they were doing. Then I called and talked to them for at least 45 minutes. I felt comfortable and confident that the process would be successful. Interaction was always positive and informative. I'm very happy with everything. I would absolutely recommend them to others. One guy I spoke to has already gotten in touch with them. He just bought a helicopter. I'm getting their name out.”
Tom Alston, founder of Aero & Marine Tax Professionals, stated: “Everyone who has given thought to using an aircraft in their business has their specific reasons for it. But when they move from the planning stages into the buying process they should certainly contact a tax professional, because you can legally avoid paying sales and use tax on the purchase. But you have to make sure everything is set up and the data is being collected properly from the beginning. Then the whole case is easily handled and a sales and use tax exemption can be obtained.”
Aero & Marine Tax Professionals shows purchasers specifically how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed nearly a thousand tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. His blog can be seen at http://aeromarinetaxpros.typepad.com/
An executive from the company stated: “The aircraft replaced our previous aircraft that was less capable. We needed a more proficient aircraft to expedite our business purposes. We do business in Denver, CO; Calgary, Canada and places where the Citation 501 would be short-legged coming home and had old technology. We thought it was an opportune time to make the change. The experience with Aero & Marine Tax Professionals was so smooth and simple that I hadn’t given it much thought. It was very straightforward, they have a very streamlined approach. It makes it very simple for the operator to not have to go back and find the right paperwork. It was all laid out in front of us before we started using the aircraft, which made it really simple and efficient going forward. I would absolutely recommend Aero & Marine Tax Professionals to others.”
A company executive, Mark Vestal, stated: “We needed the aircraft so we could be able to travel between growing areas in a timely manner. We are in the produce business, and we wouldn’t be able to do trips in one day on commercial airlines. With our own airplane we would be able to fly both to Arizona and inspect produce there and then fly to, say, Salinas in the same day to meet growers and shippers there. We saw Aero & Marine Tax Professionals advertised on the internet, so we called them up. We got a personal assistant from the company that helped us through the process. It gave a much better understanding of the tax liabilities and what needs to be done through this process, I actually learned a lot. We recommend them to others. It sure worked for us!”
