granlistillo
Well-Known Member
My wife and I have been toying with the idea of buying an airplane for leaseback for a tax shelter for our bidness. I guess in 2008 you can depreciate a huge amount if you buy a bidness asset by EOY.
Looking at c172, da40 and sr 20.
Anyone ever done this before? Any advice?? I suppose that it will take a lot of DD if and when we take this step.
Anyhoo, they had a GA sales exposition at knoxville I got a demo in a SR22 GTS turbo. Demo pilot says it is the same plane as the SR 20 just faster. I gotta say I love the cirrus. It was the nicest GA airplane I have ever flown. (Even though I rotated ten knots too fast, turned way to early for final and flared uhh, er a "little " to high when I was convinced I was going to drive it into the ground)anic:
Looking at c172, da40 and sr 20.
Anyone ever done this before? Any advice?? I suppose that it will take a lot of DD if and when we take this step.
Anyhoo, they had a GA sales exposition at knoxville I got a demo in a SR22 GTS turbo. Demo pilot says it is the same plane as the SR 20 just faster. I gotta say I love the cirrus. It was the nicest GA airplane I have ever flown. (Even though I rotated ten knots too fast, turned way to early for final and flared uhh, er a "little " to high when I was convinced I was going to drive it into the ground)anic: