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  #11  
Old January 13th 04, 05:59 PM
Jim
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Your partnership would have to have a taxable income greater than the 179
deduction to qualify for the deduction.
--
Jim Burns III

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"Mike Rapoport" wrote in message
nk.net...

"Ben Smith" wrote in message
...
I'd agree with the previous posters, and check with the local fuel
wholesalers.. They should definately know someone out there who might

be
itching to sell a truck.. They could also give good information on what
'other' aspects you'll need to cover such as needing a CDL, Hazmat

permits,
and other red tape.

Thanks! I don't plan to drive on public roads.


Will this be to buy your own bulk fuel for the MU-2? Any idea where you
will store the truck, and if there are insurance / legal concerns with

it?


The truck would be stored outside on a hanger apron.

There is no fuel truck at SZT anymore, only self serve, and there are
several hangers, including mine, diagonally across the airport from the
pumps. It is a PITA and expensive to taxi over to the pumps particularly
for an early AM departure. If it is snowing the airplane may need to be
deiced after refueling. Also I prefer to have the plane fueled the night
before departure and I don't want to taxi back from the fuel pumps turn

the
plane around and push it back into the hanger.

With the increased 179 deduction we can expense the truck the first year

and
the fuel cost savings should more than pay for the balance

and if there are insurance / legal concerns with it?


This is something we will have to factor in but if the truck is not used

on
public roads I don't think that it will be a major hurdle.
Mike
MU-2


Hopefully it'll all work out for you. So far, looks like buying the

truck
will be the easiest part!

--
Ben
C-172 - N13258 @ 87Y






 




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