Value? Wait until you try to sell a KR. There are very few people who want
one. The only rationalization to building one is the pure pleasure of
construction. (...and reading about others who are involved in the same
venture).> Date: Tue, 18 Nov 2008 11:36:11 -0500> From: k...@arb.net> To:
kr...@mylist.net> Subject: Re: KR> Aircraft Value Question?> > The state of
Michigan tried that game with me but said $20K in 1992. I > asked where they
got that number, and the appraiser said he pulled it > out of his butt. So I
countered that this plane can never be sold as it > would represent a Liability
to my family possibly in the millions of > dollars, so in point of fact the
only dollar value he could assign to it > was the actual cost of materials.
They conceded this fact and that is > what I paid "use tax" on, for the items I
bough w/o paying Michigan > sales tax. They are not trying to milk me every
year for these taxes, > but a one time tax.> > Good luck, and vote in new law
makers.> > --dave> > jcho...@ksu.edu wrote:> > Hi guys,> >> > Quick question
for everyone, hope I am not being intrusive! I am dealing> > with property
taxes on my KR right now, and I think what they want to> > charge me is way too
high. I am in Kansas. The appraiser has it valued> > at $15000 and wants me to
pay $2500 a year in taxes! I think this is> > crazy. I have a meeting with the
appraiser tomorrow, so any input would> > be great. I am trying to gather
information on the value of other KR's> > so I can have some kind of an
argument.> >> > Thanks,> >> > Josh Choitz> >> >> >> >> >
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