Can I make Money?

While you’re likely to receive a check each month from the flight school, you’re not really making money unless your plane flies more than around 50 hours each month.  After you pay the hangar, fuel, maintenance, insurance and marketing fee, any money left should be placed aside to cover depreciation and tax recapture when you sell the airplane.  This is where most leaseback owners get hung up and  fail to succeed with their leaseback.

If you reinvest any remaining money each moth either by setting it aside or better yet, paying down the airplane you’ll enjoy your profit when you sell your airplane and won’t find yourself  “upside-down.”

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