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YellowBird

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  1. 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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