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1. Only the rich can afford one. . .
aircraft. It's cheaper to own an older aircraft than a brand new one.
It'll cost you!7. Those "whiz bang" avionics on the new planes create inferior pilots!
planning tax strategies for ownership of your Nike Air More Uptempo Obsidian Mens
Probably not! With today's tax incentives, better interest rates for new airplanes and the controlled maintenance costs that a warranty provides, in most cases a brand new aircraft is less expensive. Additionally, your flying comfort level with the dependable instruments and equipment of a new airplane will confirm your decision to buy new.
Of course, the pilots need additional Nike Air Uptempo Green And Black training to learn the equipment. . .
Well, perhaps financially. But is the money you save worth losing availability, as well as a friend/partner? There are several areas for conflict from fair distribution of finances to cleanliness of the airplane. Before I throw a wet towel over the idea let me also admit that many partnerships are very successful. Just remember. . . your choice of partner should be taken very seriously. In fact some say that choosing your partner is similar to choosing a spouse!9. Leasebacks are all 1 sided. (In favor of the flight school)
Not so! Many aircraft owners are earning moderate incomes. How do they do it? Mostly through proper planning and a thorough education prior to making their purchase. If you're trying to beat the cost of renting. . . find another way. If you have some business use, rental use or a need to access an airplane on demand your own aircraft is certainly justifiable. Read more at3. If my business use is not the majority of my flying, I can't depreciate my airplane.
My favorite! Sometimes the reputation of a few can tarnish an entire industry! Not to worry. . . There are some great salespeople out there who have your interest as their main objective. For 10 tips to choosing a super salesperson, visit
8. Finding a partner will make my aircraft purchase easier.
Wrong once again! Using the Sutherland Lumber case as precedent, you may be able to depreciate the majority of the value of your aircraft with as little as 27% business. Using Aviation Tax Specialists Nike Uptempo Atlanta
Just like choosing a partner, choosing the right flight school to partner with is critical to the success of your leaseback. If you've done your due diligence, you'll find the leaseback arrangement to be a "win win win"The school wins because they keep their cash for growing their business
On the contrary! Today's new equipment is all designed with increased safety as the prime motivator! Weather systems, traffic, navigational systems all provide the pilot with additional tools and resources in the cockpit where they're needed! After all, what good are they on the ground?
10 Myths of Aircraft Ownership
Think that low time engine is a good thing? Think again! The best thing you can do for an airplane is FLY IT! Don't be fooled by this myth. . .
6. I found a "cream puff" with a low time engine!
5. Aircraft Salespeople are all "slime."
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