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YellowBird

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  1. YellowBird
    YellowBird joined the community
  2. YellowBird
    The downside of registering your plane under an LLC in Texas is that the County Tax Assessors search the FAA registry regularly and will impose a business personal property tax on the LLC,. The LLC will have to file a rendition and pay property taxes on the value of the plane and any other personal property the LLC owns. This can be a significant ANNUALexpense, depending on the value of the aircraft. Is this the case with a Montana LLC?
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