Earlier this month a friend and I purchased a Cessna 150, it's going through the annual now. What is the procedure for registering the plane in our names, OR, in an LLC because he maybe using it to instruct in. I don't want to call the FAA and make some dumb mistake and make it any harder than it should be. I have the last 3 or 4 registrations and the Ship/Aircraft Radio Station License that expired in 1998, this is all new to me as a first time aircraft owner. Thanks
Bob