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https://www.controller.com/listings/aircraft/for-sale/27343947/2004-diamond-da40 https://www.controller.com/listings/aircraft/for-sale/27866681/2005-diamond-da40 What about something like the above, how would they compare to a 182 for training in and for value retention?

Yes I have, but I wont be charging the company, I want the tax deduction.

Good read, thanks. So trade in value is that 85% per 100hrs a good rule of thumb? Would I be better off getting pre approved at like Dorr or something and then shop the private market for something without the dealer markup?

Can you elaborate?

My boss has another company he uses the plane for alot to fly to auctions etc... He loves flying but also its a great tool for him as well, I believe its him and 2 or 3 other guys that own it together. Thank you for sharing your actual expenses. I think my biggest questions now would be if I...

This one is $229,500 https://vanbortel.com/aircraft-for-sale/aircraft-inventory/905/1998-cessna-182s-skylane This one is $289,500 https://vanbortel.com/aircraft-for-sale/aircraft-inventory/1045/2002-cessna-182t-skylane What do yall think would happen if I go for a 182 or similar for around...

I suppose some of the questions I ask show how green I am, but I dont really mind, thats what this place is for right? Also I see how you would come up with that assessment kath. I suppose I see flying as more of a very useful and efficient tool that happens to be a lot of fun to boot! I'm more...

Can you expound on that a little Ravioli? I'm not the expert when it comes to taxes so if you can go into a little more detail or provide me with link or something then I'd like to ask the CPA about it. He knows my situation etc and seems quite familiar with the old vs new tax laws but nobody is...

Also not saying I would sell in 5years, the above tax explanation has variables in it and is somewhat rough numbers but solid enough to where this concept will make sense for us. And I've spend about 40mins to an hour or so taking to a CPA with 40 tax seasons experience about this already.

Tax reason.. Its 100% tax deductible if for business use. You can decide how much you want to deduct the 1st year and then the rest is spread over 5 years at 40% of the remaining balance each year after the initial year. So this years tax bill if I dont do this will probably be over $45,000, I...

I see what your saying but I'm justifying it for tax purposes meaning a reasonable trainer wont cost enough to benefit me tax wise for what I need in that area. I mean if nothing else I can hire a pilot for the first little while worse case scenario.

LOVE the way twins look (i.e. 310R) and having the extra engine would be good piece of mind along with 6 seats but I'm hearing operating costs all over the place... One site says around $200 or so for a 310R and then others seem to be like $300-$500 for twins... What is the operating costs of...

I know this keeps going back and forth but here is the current plan now... I really like Van Bortel, they seem to have a large inventory and good financing on 1997 and newer planes. In about a month we are going to Dallas for a family gathering and so at the same time we plan to visit the...

They want $249,500 for the 350

https://www.controller.com/listings/aircraft/for-sale/26827719/1988-mooney-m20j-201?dlr=1&pcid=99&crmid=614711&if=1 https://www.controller.com/listings/aircraft/for-sale/23933335/2003-cessna-350?dlr=1&pcid=99&crmid=614711&if=1 So those are 2 options im looking at now.. I went over the rest of...

Alright fellas, here is an update. The plane thing we where all talking about kind of faded into the background and didnt happen. Heres the new situation: Talked to CPA this morning for a good while brainstorming what to do with this years taxes. I'm going to dot my i's and cross my t's yet but...

Think learning in a V35 would be feasible?

The 182 has about 1000hrs SMOH and it has a three blade prop they put on new about 2-3years ago with about 200-300 hrs. Garmin 340 audio panel 4 place audio, kx155 with glide slope, and it has 2 radios, no gps though.

my bad guys, got the guys number and whatsapp'd him and its a 1959 182 with 2200 total time

Loving all the replies! I'll see about getting the 180 guys number, I know him through my boss and didnt get his number the other day. Lets change this up a little.. Lets assume my kids do not care for flying and the wife and kids would rather road trip in a car, which I also love, and the...