Apartment Rental Business Receives Tax Exemption on Aircraft Purchase

Aero & Marine Tax Professionals Helps Company Get Tax Exemption on Aerostar Airplane

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/) a vessel and aircraft sales tax specialist firm in northern California, has helped an apartment rental management company in northern California to obtain a tax exemption on the purchase of an Aerostar airplane. The exemption was received from the California Board of Equalization (BOE).

An executive from the company stated: “We are in the rental business. We have mostly apartment buildings. We bought the aircraft to go back and forth to Sedona, which is the location of a bankrupt condominium project that we bought and renovated. It is now operating as a Bed & Breakfast. It is very unusual, and in a beautiful location. We wouldn't own property in Arizona if we couldn't get there fast. I like to fly direct, rather than having to go through Las Vegas and drive. This aircraft is much smoother over the high part of the Sierras than the Bonanza aircraft. This aircraft is an Aerostar. I liked the way Aero & Marine Tax Professionals handled things. Their people were always great on the phone. Every bit of the process was very, very good. I would absolutely recommend them to others.”

Tom Alston, founder of Aero & Marine Tax Professionals, stated: “The case itself went very smoothly. A lot of the people who contact us have already purchased an airplane at some point in the past, and they are generally familiar with having to dealing with the BOE, but they aren’t familiar with the details of the tax codes and so do not know how to avoid sales tax legally. That’s where our expertise is needed to get the job done on getting a tax exemption.”

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 hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. Their blog can be seen at http://aeromarinetaxpros.typepad.com.

(Photo credit: Jack Snell)