TaxSrv wrote:

Any and all depreciation, not just accelerated, is recaptured at
ordinary rates, not capital gains rates.

And what is the ordinary rate? A fixed rate or one that is variable based
on income?

Also, the aircraft has to
be used in an actual trade or business in order to depreciate it.

Of course. Again, I was never proposing anything illegal. Actually, my
original proposal was followed by a smiley, implying I wasn't overly
serious about it, but I and others quickly discarded or ignored that
intention.

--
Peter