How Ultra-Wealthy Families Use Private Aircraft Depreciation

In this episode of The High Net Worth Podcast, Lucas and Luna explore how ultra-wealthy families and business owners use accelerated depreciation on private aircraft to slash taxable income. They break down the specific tax code provisions—Section 179 and bonus depreciation—that allow owners to deduct millions in the first year, the economic rationale behind the strategy, and the real-world example of a Gulfstream G650 purchase. Lucas explains the rules around business-use requirements, the 'disqualified lease' trap, and how cost segregation studies can turbocharge deductions. Luna questions whether the strategy is really about tax savings or lifestyle spending, and they discuss the IRS audit risk. A must-listen for anyone advising high-net-worth clients on big-ticket asset purchases. #PrivateAircraft #Depreciation #Section179 #BonusDepreciation #TaxStrategy #WealthManagement #HighNetWorth #AircraftTax #Gulfstream #CostSegregation #IRS #BusinessUse #TaxDeductions #AviationFinance #UlltraWealthy #FamilyOffice #Finance #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo