What does it mean for the IRS to consider something a hobby?
Transcript: In thinking about aircraft task planning or purchasing a business aircraft, many aircraft owners have heard wind of or become concerned that their aircraft may be considered a
Transcript: In thinking about aircraft task planning or purchasing a business aircraft, many aircraft owners have heard wind of or become concerned that their aircraft may be considered a
Transcript: In day to day use, a fractional share can seem much like purchasing a block of hours from a charter company, though there are differences. For example, the
Transcript: Aircraft co-ownership is a good way to make general aviation more affordable. Before entering into such an agreement, consider factors like, “How frequently will I be using the
Transcript: If you’re going to operate an aircraft for a business, most commonly the favored structures for most businesses is that it be owned in a business or in
Transcript: The FAA has really defined in sometimes confusing definitions of what it means for a company to be a US citizen. Many companies may not need that test,
Transcript: Like any major purchase an aircraft requires due diligence. This means assembling a team to help you. An aircraft broker can evaluate your needs relative to the aircraft
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