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#2
August 8th 11, 05:36 AM
posted to rec.aviation.soaring
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Typical glider depreciation?
On 8/7/2011 8:57 PM, David Reitter wrote:
What is a typical depreciation value for gliders that clubs/owners use in accounting for the cost of gliders? Do you assume linear depreciation? (This is a difficult value to estimate, given the lack of easily available data for second-hand glider prices throughout a reasonable time span.) It depends and the tax rules vary frequently, including some special qualifiers. If a choice is available, selection might be based on state personal property/tangible tax obligations and whatever implications might be tied to disposal and recapture. http://www.aviationattorneys.com/air...deductions.htm http://www.advocatetax.com/depreciation/formDepSav.php 
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