RobertR237 wrote:


wrote in message
groups.com...

So much has been said about tax writeoff for certified new plane
purchases.
Any possibility for homebuilts? When the kit is purchased? When
completed
and registered?


Business use of a homebuilt is rather limited, so the rest of the questions
are moot. Still, assuming you could find a business use, it is when the
airplane is placed in service.



You could write it off for business if you were using it to commute on business
but look for a hardnosed audit.

What do you mean, commute on business? If you mean commuting to work,
then that doesn't count. If you meaning flying for business purposes,
that isn't called commuting.

Matt