GT40s.com - View Single Post - 2006 Roaring Forties Customers Who Lost a Bundle....

Jim Downard · 04-07-07, 08:44 PM

Ron,
I'd have to check with my mother, she's a damn good H&R Block tax preparer, and also does our company books. A few years ago, my father parked his North American Navion into the North Carolina trees just outside Raleigh Duram. He didn't have hull insurance and the plane was a write off. He was able to write the complete aircraft off his taxes. They are somewhat similar in nature, and I'd think some sort of write off is in order here. I just thought, you might have seen the plane crash on the news down there. It was at the Triple W airport. Happened in June or July of '04 or '05. Anyway, I'll try and get some news for you folks.
Jim

04-07-07, 08:44 PM	#2 (permalink)
Jim Downard Jim Downard A Tenth Join Date: Feb 2003 Location: Bremen, Ohio GT40: MDA Mk I Posts: 149 Rep Power: 7	Re: 2006 Roaring Forties Customers Who Lost a Bundle.... Ron, I'd have to check with my mother, she's a damn good H&R Block tax preparer, and also does our company books. A few years ago, my father parked his North American Navion into the North Carolina trees just outside Raleigh Duram. He didn't have hull insurance and the plane was a write off. He was able to write the complete aircraft off his taxes. They are somewhat similar in nature, and I'd think some sort of write off is in order here. I just thought, you might have seen the plane crash on the news down there. It was at the Triple W airport. Happened in June or July of '04 or '05. Anyway, I'll try and get some news for you folks. Jim __________________ Jim Downard, Business Owner MDA Mk I