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Old November 29th 05, 12:23 AM posted to rec.aviation.owning
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Default AOPA Plane Giveaway and Taxes

But if its a holding company designed simply to own the airplane (as
was the original thread) then you already own all the stock. I just
don't see incorporating helping you in anyway other than actually using
the plane for a business and being able to capture the depreciation
quicker (Time Value of Money gain, i.e. its better to have a dollar
today than tomorrow ).

-Robert