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"The Weiss Family" wrote in message ... At first I thought, well I pay $89/hr for a 172 rental right now. $80/hr is a deal. If you are buying renter's insurance (and you probably should be) your effective hourly rate is considerably higher than $80/hr. I assume (perhaps wrongly) that you are covered for hull damage in the flying club. However, if there is $$$ left over, where does it usually go? Is a flying club a "for profit" business? That depends, I have seen "flying clubs" that were, in fact, actually businesses. If it is a true flying club, the handling of excess revenues would be addressed in the club documents. They could be retained as a reserve for unexpected expenses and/or they could somehow be returned to the members. Vaughn |
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