Aircraft Ownership : A Legal and Tax Guide by Raymond Speciale

By Raymond Speciale

* deals ''how to'' details and suggestions to the most typical criminal and tax matters dealing with basic aviation airplane owners--in layman's phrases

* circulation charts, diagrams, and felony case briefs supply actual international situations of every dialogue

* CD-ROM comprises downloadable kinds, agreements, and checklists

Show description

Read Online or Download Aircraft Ownership : A Legal and Tax Guide PDF

Best aviation books

Aircraft Instruments Integrated Systems (2nd Edition)

Airplane tools and built-in platforms offers a wealth of precise details masking all facets of working ideas and constructional positive aspects of the instrumentation and built-in structures required for the flight dealing with and navigation of airplane, and in addition for the functionality tracking in their suitable powerplants.

Fighting Hitler's Jets The Extraordinary Story of the American Airmen Who Beat the Luftwaffe and Defeated Nazi Germany

Scuffling with Hitlers Jets brings jointly in one, character-driven narrative teams of fellows at warfare: on one facet, American fighter pilots and others who battled the key “wonder guns” with which Adolf Hitler was hoping to show the tide at the different, the German scientists, engineers, and pilots who created and used those machines of conflict at the leading edge of know-how.

Additional info for Aircraft Ownership : A Legal and Tax Guide

Example text

This is possible because in most cases, your note will be a negotiable instrument. That essentially means that it can be transferred from one holder to another. The promissory note will indicate the amount that you owe to the holder, plus a stated interest rate as negotiated between you and your lender. The rates and the terms of the loan can vary widely in various buy/sell agreements. When you review your note, it is important to note the due dates of principal Promissory note. 30 Buying or Selling an Aircraft and interest payments.

In the end, the effort you expend on drafting the agreement may also help you clarify your expectations from the transaction— whether you are the aircraft buyer or seller. Identification of the parties This may seem a bit obvious, but you should be certain that the written agreement properly identifies each of the parties. You will want to ensure that the agreement includes the correct name and address of the seller. The place where people often make mistakes is in the use of the seller’s individual name when in fact, the aircraft is actually owned by a corporation, limited liability company (LLC), or other entity.

The plane was then flown by special ferry permit to Niederhauser Airways in Waterloo, the authorized Mooney dealer for the State of Iowa, where it was inspected and the following defects found: 1. Tunnel cover bent and ripped loose; 2. Wing skins improperly riveted and not fit flush (distorted—not predrilled and aligned); 3. Flap hinge ground out; 4. Right wing skins improperly installed; 5. Center panel damaged; 6. Bottom side leading edge bent–also improper rivets, dents filled with putty and filler both main and center panel (illegal); 7.

Download PDF sample

Rated 4.17 of 5 – based on 4 votes