As a business owner, you know that your team of experts is critical to the success of your business and that even one mediocre player can impair your expected outcome. Having a superior team of aviation experts on your team will ensure a smooth purchase and seamless integration into your personal and business transportation plan.
The basic core of your team may look similar to the type of experts you trust in your business currently. Certainly a tax specialist who can determine the optimal structure for your purchase is critical. He or she will prepare and file the proper paperwork to ensure maximum tax deductions, determine the sales or use tax solution that suits your particular situation, and structure a method to integrate your personal flights effectively with your business aircraft.
Of course, you’ll want to protect your new asset just as you would any of your business assets, as well as protect yourself, your family and your business. As a business owner, you know how important it is to have the right coverage and how shortcuts in this area can be devastating to a business and family.
A smooth financial transaction will prevent unnecessary headaches during the purchase process and ensure that documents are filed correctly to avoid future headaches. Whether or not you seek a loan for your purchase, you need an experienced professional to close your purchase and take care of filing your documents for you.