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Aircraft Leaseback + Bonus Depreciation

Buy a light jet; lease to Part 135 charter; deduct 60–100% year 1.

Overview

Business-use aircraft (>50% business, documented per §274) qualify for bonus depreciation — 60% in 2024, phasing down. Structure as a leaseback to a Part 135 charter operator to generate revenue when not in personal use, materially bolstering the business-use case. Complex tax rules (§280F, hobby-loss, entertainment disallowance); requires specialized aviation CPA.

Best fit
Business owners with $2M+ tax billFrequent travelers 200+ hrs/yrAircraft partnerships
Estimated impact
$500K–$5M+ year-1 depreciation on qualifying aircraft

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