Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How the Ultra-Wealthy Use Aircraft Fractional Ownership for Tax Efficiency
Episode 21 of The High Net Worth Podcast explores a less-talked-about strategy among ultra-wealthy families: fractional ownership of private aircraft. Lucas and Luna break down the tax mechanics behind the 1981 safe harbor lease rules, the IRS's 'business use' test, and how a $5 million fractional share on a Gulfstream G650 can generate accelerated depreciation deductions. They discuss the net-present-value math for a family office allocating $50 million to aviation, the role of the Federal Aviation Administration's fractional ownership rule Part 91 vs. Part 135, and why…
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