Dave Butler wrote in message
How many leased-back airplanes have you owned, then?

I own a C-150 with a patient, understanding partner. BOth of us are
new to the experience. It has worked out great so far, both of us are
on the same wavelength. I am trying to figure out why a lease-back
would work. The importance of ownership (to many) is that the plane
is as you left it, or as your partner left it. Since both of you own
a stake in the plane, it is well taken care of.

With a leaseback, you are another renter, but different in that you
bear the burden of all the expense, annual, 100 hr inspections,
break/fix, etc. and you still don't get to take it when you want to.
Where is the advantage to that?

In my experience as a first time owner, having a partner or three to
divide the expenses (and there ARE expenses) has made the experience,
overall, wonderful.

Best,

Greg H.
N4691X
'67-G