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Old September 1st 05, 05:19 AM
George Patterson
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Peter R. wrote:

At least one very wealthy person I know finances his aircraft because
owning an aircraft is a large tax deduction for him (in the US) and because
he is able to receive a larger return on his current capital than the cost
of financing.


I suppose this is a business aircraft? Us peons can only deduct loans on our
houses. Of course, you can take out a loan on the house and use the money to buy
a plane, but that's not exactly what most people mean by financing an aircraft.

George Patterson
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