The ability to deduct 100% of your aircraft purchase ends January 1st, 2023. Complete your aircraft purchase before this date to take advantage of the maximum deduction.
If you have legal questions about your aircraft purchase, contact Mike Kolich, a partner at Jetlaw LLC who represents clients on a range of aviation issues including the purchase and sale of business jets and FAA regulatory compliance.
Contact our Managing Partner, Pete Messina for tax-related questions. Pete is an aviation advisor who is also a multi-engine, instrument rated Airline Transport Pilot (ATP), the highest pilot designation issued by the Federal Aviation Administration.
