Thread: Lease back
View Single Post
Old 02-13-2008 | 10:04 AM
  #3  
Duksrule
Gets Weekends Off
 
Joined: Oct 2006
Posts: 650
Likes: 0
Default

The tax break is one thing that I am looking at. After getting raped by the IRS this year it would be nice. If I could break even on the plane and get the tax advantages it would be a deal to me....... I think. Not writing the check yet though. Like I said the manager of the school is leasing his plane back to the school so it seems there is some advantage to it. Plus all of the other planes are lease backs.
Reply