Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Ultra Wealthy Families Use Aviation Management Companies for Tax Savings
In this episode of The High Net Worth Podcast, Lucas and Luna explore how ultra-wealthy families use aviation management companies to reduce tax burdens and generate income from private aircraft. They break down the structure: you own the plane through a separate LLC, lease it to a management company which then charters it out, allowing you to deduct operating costs while the management company handles compliance and maintenance. Lucas explains the key tax benefits under Section 1231—turning a depreciating asset into a deductible expense—and the importance of the 25% personal-use rule to…
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