LEASEBACK OPPORTUNITIES
If you own an aircraft and would like to put it to work for you, reducing your flying cost and taking advantage of potential tax savings, we’d like to talk to you about leaseback opportunities.
When you leaseback your aircraft to Thunderbolt Air, we add it to our rental fleet. You will receive most of the hourly rental rate paid by our customers (we keep a small amount of the rental rate as a management fee). Although you will be responsible for maintenance and insurance costs, these costs are tax-deductible (you will essentially be running a business by participating in the leaseback arrangement).
The leaseback formula works like this:
Monthly aircraft revenue
Less
(Thunderbolt Air Management fee)
Less
actual maintenance and parts costs from
billed
work orders accrued on a monthly basis
Less
insurance premium (pro rated from Thunderbolt fleet policy)
Less
hangar or tie down fee
Less
actual fuel and oil costs
Net amount is due the
aircraft owner by the 10th of the following month.
Thunderbolt Air pays all
sales taxes collected from the rentals of the aircraft.
This program works and is fully supported
by the US Tax Code and the IRS.
For more information on
aircraft tax and other issues, please refer to the following website:
http://www.advocatetax.com
THUNDERBOLT AIR LLC
1030 E. Highway 377 Suite 110-107
Granbury Texas 76048
Text
(817) 579-8573
Copyright (c) 2005-2017 Thunderbolt Air LLC. All rights reserved.