Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Ultra-Wealthy Families Use Private Aircraft Depreciation
In this episode of The High Net Worth Podcast, Lucas and Luna explore how ultra-wealthy families and business owners use accelerated depreciation on private aircraft to slash taxable income. They break down the specific tax code provisions—Section 179 and bonus depreciation—that allow owners to deduct millions in the first year, the economic rationale behind the strategy, and the real-world example of a Gulfstream G650 purchase. Lucas explains the rules around business-use requirements, the 'disqualified lease' trap, and how cost segregation studies can turbocharge deductions. Luna…
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