Uh, never mind...I just got off the phone with my friend who is a CPA. This
won't work since the corporation is not formed as a business. Apparently
there are rules, called "Hobby Laws" which discourage people trying to write
off personal, recreational activities as corporation costs...
"Harry Shin" wrote in message
...
Hi Guys,
I was wondering if anyone has their aircraft in a Corporation or Limited
Liability Company? If so, can you write off maintenance/hangar costs (vs
State corporation fees), and also protect your personal assets more
effectively?
Thanks,
Harry
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