This document is a proforma tax treatment statement for Avioneta Holdings, LLC for the year ended December 31, 2012. It includes income and expenses with and without bonus depreciation. The total revenue is $9,011,580.92, with a net loss of $12,012,817.45 with bonus depreciation and $826,972.45 without. The document notes that the operation of the aircraft is considered a passive activity, affecting the deductibility of the loss.
documents/EFTA00602797.pdf
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