Greg Hopp wrote:

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?

The terms of leases vary. You may indeed bear all these expenses; if so, you also get
the lion's share of the rental proceeds. In some leases, the FBO pays all the
expenses and you get a small part of the rental proceeds. In either case, your income
from rental is the "advantage to that"; you are indeed just another renter when it
comes to flying the plane.

Ron Natalie used to point out that a leaseback is a business, and you should treat it
as one. If you do that, the plane is just a business asset and you're likely to make
money at it. If you lease your aircraft out as a way to make the payments on "your
baby", the results will not please you.

George Patterson
None of us is as dumb as all of us.