This document from the Herr Law Firm provides an overview of various options and considerations for fractional jet ownership and aviation, including charter, time cards, whole ownership, and fractional ownership. It discusses the legal and tax implications, liability exposure, and insurance considerations for different ownership structures. The document also covers the state of the fractional industry, tax issues related to aircraft purchases and operations, and personal use of business aircraft.
documents/EFTA01135576.pdf
{}