That's nuts! Did they give any justification or explanation as to how they arrived at that value? Is it legal to sell your airplane to yourself (or say, to your own corporation)? That way I assume it would be taxed at the actual selling price.
Kris Steve Glover wrote: > I received my tax bill today...it seems our local Assesor's office thinks my > KR is worth $27,500.00. Anyone want to buy a KR??? > > Steve Glover > kr...@cox.net > KR-2 N902G > AJO, Ca. > >
