Taxes

Real Estate and Private Aviation: Airparks, Tax Benefits, and Investment Opportunities

The growing connection between real estate and private aviation is giving rise to exciting new opportunities, particularly in aviation-focused developments and financial strategies that cater to high-net-worth individuals.

The Potential of a Private Airplane as a Real Estate Investor

As a real estate investor, efficiency and time management are key to scaling your operations and closing more deals. One strategic tool often overlooked is owning or leasing a private airplane.

Understanding California Sales and Use Tax on Private Jet Purchases

For those considering the purchase of a private jet in the Golden State, understanding the intricacies of sales and use tax is crucial. In this blog post, we'll delve into the specifics of California's sales and use tax as it relates to private jet acquisitions, helping potential buyers navigate the complex airspace of taxation.

What Governs Depreciation Recapture Rules For Business Aircraft?

Section 280F of the Internal Revenue Code pertains to the depreciation recapture rules for certain business assets, including business aircraft. Please note that tax laws are subject to change, and it's essential to consult with a tax professional or refer to the latest tax code for the most up-to-date information. Here's a general analysis of Section 280F depreciation recapture for business aircraft:

Can You Still Deduct 100% Of Your Business Jet Purchase in 2023?

Bonus depreciation and Section 179 are tax incentives provided by the U.S. government to encourage businesses to invest in capital assets. These provisions allow businesses to accelerate the depreciation of qualifying assets, providing immediate tax relief. However, it's important to note that tax laws can change, and the specifics of these provisions can vary, so it's advisable to consult with a tax professional for the most up-to-date and accurate information.

Turning An Expense Into An Investment

Owning a private jet is undoubtedly a symbol of luxury and exclusivity. However, what if there was a way to transform this extravagant possession from being just an expense into a lucrative investment? In this guide, we'll explore several strategies to make your private jet more of an asset than a liability.

Dylan DiRocco

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June 17, 2024