PPRuNe Forums - View Single Post - How viable is it to buy a heli with the intent to lease to a local School/charter?
Old 5th Sep 2017, 06:06
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paco
 
Join Date: Nov 2000
Location: White Waltham, Prestwick & Calgary
Age: 72
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Based on the experience of an owner I know, it normally takes 10 years to write off such an asset. But if you do over 600 hours per year, it can be done within 3 years. In this case it was a 109 which didn't do that many hours and was written off too early. Large tax bill.....

Phil
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