CJI Town Hall: Episode 68: Bonus Depreciation "Find what you're good at, do that, and pay someone else do to everything else"

This recorded Corporate Jet Investor Town Hall session dives into bonus depreciation for business aircraft, featuring insights from tax and aviation experts Ryan D’Amour (MySky), Angel Hook (Hook & Christensen), and David Shannon (Lewis Brisbois). The panel explains how the 100% first-year tax deduction works, emphasising that it should only factor into purchases when the aircraft is truly needed for business—not as a standalone incentive. Key considerations include strict IRS compliance (like meeting annual 25-50% business-use thresholds), avoiding pitfalls like passive income limitations or improper documentation, and planning for future tax implications upon resale. The discussion also covers timing (delivery and first flight must occur by year-end), structuring deals correctly, and why early consultation with aviation-savvy CPAs and attorneys is critical. With bonus depreciation now permanent, the experts predict a surge in Q4 transactions but caution against rushed decisions without proper tax and operational planning.