Has anyone got themselves an LLC to own their LSA?

Talk about airplanes! At last count, there are 39 (and growing) FAA certificated S-LSA (special light sport aircraft). These are factory-built ready to fly airplanes. If you can't afford a factory-built LSA, consider buying an E-LSA kit (experimental LSA - up to 99% complete).

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Wm.Ince
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Re: Has anyone got themselves an LLC to own their LSA?

Post by Wm.Ince »

Nomore767 wrote:A question for CTLSi:-
Your FD CTLSi airplane is registered to an LLC. Can you tell us how and why you did this and what you feel are the pro and cons of such a set up? Is this something you did on your own or are you part of a group of shared owners?
Also, your comment regarding using the plane as a business asset. Can you actually use an LSA as a business asset if you only fly the plane for personal use, or do you use the plane at a flight training school for example?

Genuine question for you.
No answer from you….odd.
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Bill Ince
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Re: Has anyone got themselves an LLC to own their LSA?

Post by CTLSi »

.......
bottleworks
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Re: Has anyone got themselves an LLC to own their LSA?

Post by bottleworks »

(I'm gone. Everything deleted! Can't stand the ignorant data spread here).
Last edited by bottleworks on Fri May 08, 2015 9:24 pm, edited 1 time in total.
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Re: Has anyone got themselves an LLC to own their LSA?

Post by drseti »

bottleworks wrote:On a side topic, why are all the replies of user "CTLSi" removed? Was this user banned, or did this user vandalize all their own posts?
Nobody has been banned. Users are always free to delete their own posts if they wish.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
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Re: Has anyone got themselves an LLC to own their LSA?

Post by comperini »

drseti wrote: Nobody has been banned. Users are always free to delete their own posts if they wish.
Which is bad policy on a forum, since it can make the whole thread not make any sense any more (as people respond to some post that is no longer there)
- Bob
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Re: Has anyone got themselves an LLC to own their LSA?

Post by drseti »

Although I certainly don't encourage deletions, there are times when self-censorship is appropriate. If someone says something in haste that he or she is going to regret, and then thinks the better of it, deletion is the better part of valor.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
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Flocker
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Re: Has anyone got themselves an LLC to own their LSA?

Post by Flocker »

comperini wrote:
drseti wrote:it can make the whole thread not make any sense any more (as people respond to some post that is no longer there)
Agree with this comment. How about a time limit on the delete function? 24 hours should be enough time for someone to sober up and realize their crassness....
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comperini
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Re: Has anyone got themselves an LLC to own their LSA?

Post by comperini »

drseti wrote:Although I certainly don't encourage deletions, there are times when self-censorship is appropriate. If someone says something in haste that he or she is going to regret, and then thinks the better of it, deletion is the better part of valor.
That's your job, to remove the offending word, and deal with troublemakers a different way. You should disable people's ability to edit their post after a certain (very short... 10 minutes perhaps) amount of time. That allows posters to correct misspellings and things like that. This is the way most PhpBB boards worth their salt are set up (and yes, I am an Admin on another very popular PhPBB board). But, you run this one any way you see fit.
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Re: Has anyone got themselves an LLC to own their LSA?

Post by drseti »

comperini wrote:You should disable people's ability to edit their post after a certain (very short... 10 minutes perhaps) amount of time. That allows posters to correct misspellings and things like that. This is the way most PhpBB boards worth their salt are set up (and yes, I am an Admin on another very popular PhPBB board).
Bob, I do understand your position. I am, in fact, Moderator of this board, not Admin. Only the Admin (Gerald, the domain owner) can make the kind of changes you are proposing.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
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Re: Has anyone got themselves an LLC to own their LSA?

Post by FastEddieB »

If I have a vote, I think 24 hours is a reasonable timeframe for editing or deletion.

I often see a post of mine quoted and catch spelling and/or grammar errors I'd like to correct, but usually in the first day or so.
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Re: Has anyone got themselves an LLC to own their LSA?

Post by drseti »

FastEddieB wrote:If I have a vote,
Ah, but you don't Eddie. Neither do I. That's my point.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
facebook.com/SportFlying
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comperini
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Re: Has anyone got themselves an LLC to own their LSA?

Post by comperini »

Perhaps you can pass our suggestions along to Gerald, who appears to be an absentee landlord?
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Re: Has anyone got themselves an LLC to own their LSA?

Post by FastEddieB »

drseti wrote:
FastEddieB wrote:If I have a vote,
Ah, but you don't Eddie. Neither do I. That's my point.
NO VOTE???

I'm revolting.

Who's with me?

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Fast Eddie B.
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Re: Has anyone got themselves an LLC to own their LSA?

Post by drseti »

FastEddieB wrote:I'm revolting.
Of course we're revolting. We're peasants.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
[email protected]
AvSport.org
facebook.com/SportFlying
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3Dreaming
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Re: Has anyone got themselves an LLC to own their LSA?

Post by 3Dreaming »

drseti wrote:
FastEddieB wrote:I'm revolting.
Of course we're revolting. We're peasants.
I don't know. I have been told only rich playboy types own airplanes.
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