Aircraft property tax assessment in California

arksat · Post by **arksat** » Fri Jul 22, 2022 3:51 am

Today I received an unsecured property tax bill to find the assessed value of my 2005 DA40 has doubled from the last year

I know the used aircraft value has been increasing but could this be possible? It's 100% increase...

(to be clear, the tax rate is not changed from 1.2%. I'm talking about the assessed value)

Boatguy · Post by **Boatguy** » Fri Jul 22, 2022 5:05 am

I suggest you compare the assessed value to the Vref value. If they are far apart, then I'd appeal. Vref is accessible at no charge for AOPA members. Go to the AOPA site and follow the links for Vref.

dmloftus · Post by **dmloftus** » Fri Jul 22, 2022 2:53 pm

Luckily Georgia hasn’t picked up on this trend yet. Once the basis goes up, much less likely to decline when market conditions soften.

arksat · Post by **arksat** » Sat Jul 23, 2022 2:21 am

Thanks Russ. I didn't know Vref is free for AOPA members.
I checked it and the value is close to the county's assessment, so looks like I'll need to accept the reality...

Charles K · Post by **Charles K** » Wed Oct 12, 2022 3:10 am

What county are you in?

arksat · Post by **arksat** » Wed Oct 12, 2022 4:41 pm

Charles K wrote: ↑Wed Oct 12, 2022 3:10 am What county are you in?

Alameda county (Hayward, CA)

janders · Post by **janders** » Mon Oct 24, 2022 8:15 pm

What does that mean in california? Do you have to pay tax whenever it increases? Or just increases above a high watermark?

Charles K · Post by **Charles K** » Mon Oct 24, 2022 9:00 pm

We pay tax on whatever they assess the plane at. So if in the prior year you were assessed 100K then your tax bill would be around 1200 dollars. If they come back and re-assess at 200K - your tax bill just doubled.

Prop 13 only protects your real estate from re-assessment at no more than a 2% per year increase.

One of the many reasons we will retire elsewhere.

Derek · Post by **Derek** » Sun Oct 30, 2022 6:45 am

I didn’t realize that some states charge property tax for airplanes. It makes me feel sad and I hope it doesn’t catch on - it’s like death by a thousand cuts. This tax doesn’t exist in Canada. Instead we have a one time sales tax at the time of purchase that varies between 5% and 14% depending on what province you live in. Do you have to pay property tax for cars, boats or bikes too? It’s a tax on fun.

mfdutra · Post by **mfdutra** » Sun Oct 30, 2022 4:05 pm

Boats yes, just like aircraft. Cars pay annual fees to the DMV as well, but it's not considered property.

Aircraft property tax assessment in California

Aircraft property tax assessment in California

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