Super Dave wrote:
wrote in message
. net...
I'm absolutely admiring Jay and Mary for working as hard as they do,
.......snip.....
Maybe Jay and Mary's airplane is paid for, as is their house. But
from everything I read about annuals, hangar rents, fuel prices (autogas
included ) and then to read about Jay and Mary's many flying adventures
including hotel stays tells me that his claims of poverty are just plain
exaggeration. I only wish we had the poverty Jay has!


They probably aren’t making a fortune with the hotel. I suspect one thing
which helps Jay and Mary afford their plane is that they probably write
most, if not all, of the cost off as a business expense. This would
include fuel, hanger, trips, etc.

From a business perspective, maybe Jay can gives us tax tips on airplane
expenses.

I don't know what Jay does, but if he's writing off the trips that he
describes here, I think the IRS would be rather disapproving. I'm not a
tax expert, but I have done my own taxes for more than 30 years and am
just starting a business myself. From what I've read, it would not be
legal to write off most of the flying that Jay does and I really doubt
he is writing this off, but I certainly don't know and it isn't any of
our business in any event.

Matt