Q4 Must-Know Jet Buying Tax Strategies | Interview KJ McCarter, CPA

The Ultimate Jet Guide

Want to save tens of thousands $$$ buying a jet in Q4? This is the episode you need to hear!
Join Tom Lelyo and aviation tax expert KJ McCarter, CPA as they dive into the intricacies of buying a private jet and maximizing tax benefits in 2024! In this episode, they explore critical topics like bonus depreciation, the importance of timing your purchase, and the nuances of aviation taxes. Don't miss out on essential tips for tax savings and the deadlines you must meet to optimize your investment!
Episode Highlights:
- Bonus Depreciation 📉: Learn about the 60% bonus depreciation for 2024 and its tax implications.
- Timing Matters ⏰: Discover why placing the jet in service before year-end is crucial for maximizing deductions.
- Tax Responsibilities 🧾: Get clarity on the buyer's responsibilities for sales and use taxes after the purchase.
- Flyaway States 🌍: Understand what flyaway states are and how they can help you avoid additional sales tax.
- Consulting Experts 📞: Emphasize the importance of tax planning and seeking expert advice before closing on a jet purchase.
Want to find out more? Reach out to KJ McCarter, CPA:
https://aviationtaxconsultants.com/
[e-mail]
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Being a Private Jet Broker is a life changing opportunity for those seeking a career in an industry that has low competition and extremely high commissions.
Let's book a call so you can discover how to get your FIRST SALE and start a new career in Aviation - https://www.theultimatejetguide.com

Chapters

1. Maximizing Private Jet Tax Benefits (00:00:00)

2. Navigating Aircraft Sales Tax Responsibilities (00:14:35)