LOOKING TO OWN OR SELL A USED AIRCRAFT?
As a former Cessna Dealer, Propel Aircraft has the expertise to provide quality services in helping you purchase or sell used aircraft of any type. Propel Aircraft is now proud to offer Pre-Certified Used aircraft. These aircraft have gone through an independant inspection by an Authorized Cessna Service Center which certifies the aircraft's condition. A report is provided to interested owners to help them learn more about the current conidition of the aircraft without having to go through a pre-buy inspection. And in many cases can save the interest buyer the cost of a pre-buy inspection, since it has already been performed. View our curent pre-owned aircraft below that is available for you to own. Or contact us for help selling or trading in your current aircraft.
DEDUCT UP TO $500,000 WITH BUSINESS USE OF YOUR USED AIRPLANE
The Section 179 deduction applies to new or used equipment purchased. Retroactive to January 1, 2012 and continuing through December 31, 2016, the Section 179 deduction will be $500,000. This deduction starts to reduce if the aggregate annual value of equipment purchased exceeds $2,000,000. The Section 179 deduction reduces dollar for dollar for every dollar of equipment value over $2,000,000 purchased during the year.
IMPORTANT - This expensing deduction can only be used to offset taxable income therefore it is important to discuss this item with your tax advisor to determine how it applies to your situation. Proper ownership structure is key.
Please call us with any questions you may have.