Pretty sure I'm off the hook for sales tax on my bird. Still waiting for their official agreement via correspondence but in my mind, its a done deal.
A couple month's back, Ohio department of taxation sent me a letter requesting info on my Mooney purchase last fall so they could correctly bill me. I misplaced the letter so fast forward to last week and they send me a bill for sales tax based on the average selling price of 1964 Mooney M20E's.
They sent me online to look for a form to object to their valuation and correlating bill since my purchase was a few AMUs less than their average. As I was following the links on their site, I found an FAQ section, https://www.tax.ohio.gov/sales_and_use/Vehicle_Taxability_Compliance/Aircraft.aspx which I scanned thru. Number 6 piqued my interest not knowing what a casual sale was. Low and behold, my transaction fit the description.
Person to person, not a dealer or broker
From out of state
Non commercial in nature.
Wanted to share this thinking other states may have similar rules. It could certainly save many people a fair amount of doll hairs.
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