View Single Post
  #5  
Old May 11th 07, 12:35 AM posted to rec.aviation.owning
Matt Barrow[_4_]
external usenet poster
 
Posts: 1,119
Default Depreciating aircraft parts, dealing with taxes, etc.


"Newps" wrote in message
. ..


Andrew Gideon wrote:

Most owners, I assume, have corporations which do the actual owning and
which provide a liability firewall.



Most owners do not as this provides no protection at all.


Depends on "who" the corporation consists of, and for what purpose.