Aircraft Ownership Legal and Tax Guide is a complete "plain english" guide to the legal and tax issues facing aircraft owners. This product includes a cd-rom with downloadable forms, agreements, and checklists.

From the Back Cover:
Here's everything a plane owner needs to make sense of all the confusing legal and tax issues surrounding aircraft ownership. Written by an experienced lawyer-pilot who is also a certified public accountant and MBA professor, this book uses lay person language to provide detailed "how-to" solutions and thorough explanations of issues involving:

• * buying and selling aircraft
• * aircraft registration
• * storing and maintaining aircraft
• * liability and insurance
• * multiple ownership arrangements
• * taxes
• * aircraft leasing

Readers will find insightful coverage of issues that directly impact their ownership rights and responsibilities and will have an immediate bearing on compliance, expense, safety, and profitability. You'll find IRS and FAA rules simplified, legal tips for leasing your aircraft, advice on how to protect yourself when buying or selling, insurance advice, hangar leasing, state and local taxes tips, and more.

Packed with flow charts, diagrams, and legal case briefs, and a complete CD-ROM containing customizable forms, agreements, and checklists, this book belongs on the shelf of every pilot, plane owner, and flight department manager.