Aircraft Ownership : A Legal and Tax Guide

by Raymond C Speciale

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Editorial Reviews
Product Description

* Offers "how to" information and solutions to the most common legal and tax issues facing general aviation aircraft owners--in layman's terms

* Flow charts, diagrams, and legal case briefs provide real world scenarios of each discussion

* CD-ROM contains downloadable forms, agreements, and checklists

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All Customer Reviews
Average Customer Review: 3 out of 5 stars

0 of 0 people found the following review helpful:

4 out of 5 stars

Good place to start. Forms alone are worth the price, 2008-11-30
When I first started working with aviation related matters as an attorney, I found this book to be very a very helpful starting point. It is written at an intermediate level of sophistication, and as an attorney I found it very accessible. The text does a reasonable job of guiding the reader through the landscape of issues surrounding aircraft ownership, transfer/sale, operating and ownership structures, risk management/insurance, and taxation. It sprinkles in a enough citations to the actual law (US Code, FAR, Treasury Regs., etc.) to help a person know where to look for more information.

The sample docments are clearly written, cover essential issues, and are provided in an editable format (MS Word). Although professionals could undoubtedly find more sophisticated (and expensive) pratice materials, these forms are a helpful starting point, and can be combined with other stock language to create very serviceable little agreements.

At $23 (or less for used), the forms alone justify the price.

2 of 3 people found the following review helpful:

2 out of 5 stars

Nothing of much value, 2008-06-13
This book is a compilation of generaly available information and boatloads of case law.

My problem is that most people that buy airplanes likely know the difference between a LLC and a Corp. This book offers no new information in that regard. The case histories are likely of little use unless you are an attorney yourself.

Most disappointing is that it offers no direction into why one might want to use an LLC vs. corp, it simply tells you what they both are. I was looking for some examples that might apply to my own situation with advice on what course might be most beneficial to me.

Instead, I found that the book gave lots of information (most of which I already know) but no opinion or advice on what to do with any of it ...

This might be more considered a reference and is not very educational.

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