How the Ultra-Wealthy Use Aircraft Fractional Ownership for Tax Efficiency

Episode 21 of The High Net Worth Podcast explores a less-talked-about strategy among ultra-wealthy families: fractional ownership of private aircraft. Lucas and Luna break down the tax mechanics behind the 1981 safe harbor lease rules, the IRS's 'business use' test, and how a $5 million fractional share on a Gulfstream G650 can generate accelerated depreciation deductions. They discuss the net-present-value math for a family office allocating $50 million to aviation, the role of the Federal Aviation Administration's fractional ownership rule Part 91 vs. Part 135, and why NetJets dominates the market. The episode uses a concrete example of a multigenerational family that saved an estimated $1.8 million in federal income tax over five years by structuring the share correctly. No sales pitch — just the structural details that wealth advisors need to know before recommending fractional jet ownership as a tax-planning tool. #FractionalJetOwnership #TaxEfficiency #HighNetWorth #NetJets #GulfstreamG650 #AcceleratedDepreciation #BonusDepreciation #IRSBusinessUseTest #Section179 #FamilyOffice #WealthManagement #AviationTax #Part91 #FAA #PrivateAircraft #LucasAndLuna #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo