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RE: Plane management
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Barry J. Cohen Oct 2, 2017 2:33 PM
Thinking of switching from Jet Aviation to EJM. EJM is more expensive. Do you have a point of view?
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jeffrey E. Oct 2, 2017 3:42 PM
To
Barry J. CohenMelanie Spinella
dont you want to see what the depreciation rules are. ? it depends on what you intend to do with it/ ? where do you stand with the renovations and the sale of the S
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Barry J. Cohen Oct 2, 2017 4:13 PM
GV is in inspection and going well. Not sure what renovations you mean?
On depreciation, we think we cannot use accelerated due to foreign travel preponderance, and obviously can't use bonus because not new. We think we are stuck with straight-line depreciation which will be passive.
Are you saying that Jet vs. EJM could hinge on the type of plane usage? Not sure I follow that.
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jeffrey E. Oct 2, 2017 4:23 PM
To
Barry J. Cohen
new depreciation rules proposed under trump
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Barry J. Cohen Oct 2, 2017 8:23 PM
To
Jeffrey E.
Ah yes.