I'm talking about the specific case where I buy a basket-case with the
intention of fixing it and selling it.

As I stated, I have no current plans to do that. It's just something I've
dreamed about.


"Ron Natalie" wrote in message
m...
Steve Foley wrote:


Note that you have to really have a business motive. You can't just
claim the plane as a business and continue to use it personally and
expect preferred tax status.