Thank you both for your answers. That does clear it up some. I guess a follow-up question would be- if I do deduct 50% in year one, it appears I have to deduc...
My aircraft will be used 100% for business purposes. (It is a leaseback to a flight school.) From what I can tell from those links, I can use either straight l...
January 2025. I purchase an airplane for leaseback to a flight school (no personal use and exclusively as an investment). With the bonus depreciation in 2025, I...
