Last updated: • Not tax advice
Why It Matters
Lenders and tax authorities care about how you use the aircraft. Clear documentation supports underwriting and informs deductions and disallowances.
What to Track
- Flight logs with purpose, passengers, and business justification.
- Expense policies and reimbursements; accountable plans.
- Entertainment use disallowance considerations.
Coordination
Work with your CPA on Section 179/bonus depreciation. Keep insurance and insurer requirements aligned with usage.