Transportation,
Administrative/Regulatory
Jun. 14, 2018
Representing clients (or yourself) when buying preowned aircraft
When considering buying a used aircraft, protecting against expensive mistakes is essential.
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PILOTING THE LAW
With the passage of the Tax Cuts and Jobs Act of 2017 aircraft prices may start going up as businesses and individuals start taking advantage of the new depreciation provisions for new and used aircraft. As the prices of new aircraft go up, the market for preowned aircraft will start becoming more attractive to would-be buyers.
Unfortunately, it is pretty common for a used aircraft purchaser...
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