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What really is ‘Dusk’; am I legal to be flying and logging today ??
$250k storm damage was reported when a pilot used those ‘inexpensive', hardware-store, cam-lock-sliding straps (worn & wet) instead of a ‘good’ rope. How is your airplane secured? Or how about the airplane ‘up-wind’ of you ??
Is there someway to report a dishonest aircraft broker? I am dealing with a very well known one that has been very dishonest
Growler At AOPA
Apr '22
Hello Michael,
We would suggest using the Better Business Bureau ( www.BBB.com ) as the best, proven, professional way to deal with concern. Also, you could add the AOPA Legal Service Plan to your membership ($69/pro-rated year) which would give you a free 1-hr with an aviation specialty attorney in your area to discuss any aircraft purchase legal issues. Note: Aircraft sales are state law transactions, indeed with certain protections, even though ownership is recorded Federally.
Hello,
I am buying a Cessna 172 and am leasing it back to my flight school. I have a few questions with what I should do with the insurance. The flight school wants me to be a ‘named person’ on their policy. As in they hold a policy on the plane itself and liability and they are the sole name on that policy while I am just there. They are also expecting me to pay for this insurance in its entirety. In the event something happens, we would both have to sign to use any funds. I am assuming ... more
Growler At AOPA
Mar '22
Hello Kensington,
Like several members have just recently mentioned below, I would recommend adding and using your AOPA Legal Service Plan (LSP or PPS) to have your leasing/commercial insurance position and Federal tax situational-concept reviewed under the plan. Caveat: although I am not a licensed insurance agent, we have seen the following:
- the overall cost, for you the owner, of a commercial policy is probably least expensive via the FBO/flying school.
- the policy should/will also name you, the aircraft owner, as an additionally insured; you would be insured to the same amount the the FBO is under the policy ownership. But yes, verify those limits. Depending on your net-worth, you may wish to get pricing for higher limits. Your ownership entity will probably want to be an LLC, but discuss that with the attorney.
- You may wish to hear our Federal tax primer to understand your tax situation for passive vs. active income. Again, make sure that you understand that this is ‘your’ active leasing business- our sample lease agreement confirms to an operating business with the FBO as your marketing manager-- not a direct leaseback to the FBO as that would always be passive. IRS expects a profit, not counting depreciation, 3 years out of 5. Passive losses can only be used against passive income; and that's not what owners expect. To operate as non-passive, you must manage the business portion a certain number of hours per year, but that is doable.
- I have had two “so-called leasebacks” myself , and probably talk with 4-5 potential leaseback buyers every month, (so I know the areas of concern :-)
Amelia Walsh just published an article on AOPA Online about flying to Canada, including the ArriveCan app and the requirement for pre-flight testing, but I'd like to know more details about the arrival procedure.
Before COVID, CBSA rarely actually met your flight upon arrival if you are a small GA aircraft. Is that still true or do they always meet you now to perform COVID formalities? The requirement for a negative test says it must be submitted to the flight ... more
Growler At AOPA
Aug '21
John,
The current August 11th Amelia Walsh article has both of the Canadian phone numbers for initial Canadian Customs entry: the area code 905 number if you intent to transit-only Canada and need airport fuel stops, and, the old 888-CAN-PASS number once you get an “ArriveCAN” code --from that app – if you are visiting Canada otherwise. The old CanPass number will check into available Canadian Customs entry points for you. Such entry sites are more limited now; we ‘believe’ Canadian Customs will now be meeting a high percentage of arrivals.