1998 Piper This is our pride and joy and it has served us well for over 14 years. We are moving up.
Item specifics | Condition: | Used | Model Year: | 1998 |
| Make: | Piper |
This is our pride and joy and it has served us well for over 14 years. We are moving up to a Malibu Mirage and reluctantly selling our 2 owner 1998 Saratoga II TC. We have owned it since 2004 at 610 hrs TT (currently has around 1950TTSN - flying regularly, hours will change). Factory A/C, Oxygen, 6 seats plus Entertainment Center. Engine was overhauled at ~600hrs (minus the cam so I believe it technically still carries TT of around 1950 hrs). Recently overhauled turbo/waste-gate/controller, all cylinders overhauled since we"ve owned it, GAMI injectors, JPI Engine analyzer, KLN 90b approach certified GPS, 406 MHZ ELT, Paint is a 7 of 10, interior 7 of 10, window covers, cowl plugs, etc. This is the first year of the reintroduction of the turbo Saratoga and engine s/n is pre crank AD. Extremely reliable and the "best bang for your buck" airplane around. In the nearly 14 years we"ve owned it the only time it ever let me down was in Aug. this year when the battery failed and we had to cancel a trip and replace the battery (it has a brand new $600 Concorde Sealed Battery RG24-15M)... Runs great, fly"s great, wonderful plane, well maintained, always hangered, Southern California plane since new. All logs, no damage. Sad to see it go... This plane will provide someone with many more years of great flying in comfort and style. Plane will come with a fresh annual inspection and be ready to fly to its new home. Aircraft is currently owned by a single asset Delaware LLC. Contact me with any questions - Brandon 805-669-8690.
According to Aviation Tax Consultants, LLC: “Section 179 Expensing provides qualifying taxpayer a $500,000 immediate deduction for new or used aircraft. This incentive begins to phase out when the aircraft exceeds $2 million and it is not available when the aircraft exceeds $2.5 million. Section 179 Expensing requires the taxpayer to have sufficient earned income in order to benefit from this Expensing provision." “Bonus deductions allow qualifying taxpayers a 50% deduction on the cost of new business aircraft, and this deduction is not capped nor does it require current year taxable income. Under some circumstances, this deduction may create a net operating loss for a taxpayer that can result in tax refunds from taxes paid in prior years.” Current date: 2018-01-11
