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re: The most airplane you can buy for $225,000
Posted on 5/13/17 at 6:22 pm to eyepooted
Posted on 5/13/17 at 6:22 pm to eyepooted
Depends on the mission. You can get plenty of airplane for that amount.
You want to be careful about the transaction so you don't end up owing 20k in sales/use tax.
Are you looking to make 179 expensing election and depreciate he whole thing in 2017? Keep in mind aircraft are listed property.
You want to be careful about the transaction so you don't end up owing 20k in sales/use tax.
Are you looking to make 179 expensing election and depreciate he whole thing in 2017? Keep in mind aircraft are listed property.
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