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Old December 26th 04, 05:34 AM
Don Hammer
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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?


If you are talking about the accelerated depreciation deal, you have
to purchase or upgrade an aircraft to the tune of $200K before Jan 1,
04 and have it in service during '05. Can you use an experimental
aircraft commercially?

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