9 04, 2019

4 Vital Things That Affect the Aircraft Values for Helicopters

By |2019-04-09T14:06:19+00:00April 9th, 2019|Uncategorized|

In 2016, there were just over 56,000 helicopters in the world. Over half of these were designated military helicopters. With such a low number of helicopters in the world, the aircraft tends to hold its value. However, the pricing range of helicopters can vary greatly. Costs can range between $37,500 for small, single-person helicopters to $21,000,000 for an AgustaWestland AW101. But how do you determine the value of a helicopter? Which factors determine aircraft values? Keep reading to learn 4 [...]

5 04, 2019

4 Aircraft Maintenance Tips to Boost Your Helicopter Value

By |2019-04-05T18:40:35+00:00April 5th, 2019|Uncategorized|

For some, owning a helicopter is simply a source of high-flying excitement and entertainment. Others purchase a helicopter as an investment that they can sell to make money down the road. And, of course, there are those that hope their helicopter hobby will produce a profit, as well as some fun memories while they wait to cash in on their wings. But, whether you're hoping for good times or a good return, your helicopter is bound to give [...]

5 04, 2019

Why Is the USPAP Certification Statement Important?

By |2019-04-05T18:37:20+00:00April 5th, 2019|Uncategorized|

It's currently estimated that there are between 23,000 and 39,000 airplanes in the world. That number is surprisingly low, making aircraft still highly valuable in today's market. If you have a large investment such as an airplane, you want to be sure you receive the best price for it. But you don't want to go to just any aircraft appraisal company. You want to be sure your company follows the rules of the Uniform Standards of Professional Appraisal Practice (USPAP). [...]

8 03, 2019

VREF Aircraft Reference Value & Appraisal Services Announces a New Offices in Europe

By |2019-03-08T20:08:10+00:00March 8th, 2019|Uncategorized|

VREF Aircraft Reference Value & Appraisal Services, the leading provider of aircraft valuations for the aviation industry continues its 25th Anniversary celebration by announcing a new office location in Austria and Switzerland. Dr. Andreas G. Grassl, was appointed as the VREF Senior Appraiser for Europe. Dr. Grassl brings over 30 years of Aviation experience to VREF as a practicing Aviation Attorney with a diverse background in law. Dr. Grassl holds a law degree from Vienna University and a master’s in finance [...]

14 01, 2019

A Brief Guide to Aircraft Depreciation

By |2019-01-14T19:41:26+00:00January 14th, 2019|Uncategorized|

A Brief Guide to Aircraft Depreciation Don't miss out on tax deductions from depreciation. Get on your way to understanding aircraft depreciation and its tax implications. To deduct, or not to deduct? That is the $1 million question, isn't it? As an aircraft owner, you want to take full advantage of any tax breaks you can find. And this means you need to understand depreciation and how it works for an aircraft. Depreciation allows business owners to deduct the [...]

14 01, 2019

Income, Sales, and Personal Property: An Introduction to Income Taxes for Pilots

By |2019-01-14T19:39:43+00:00January 14th, 2019|Uncategorized|

All the Income Taxes Pilots Must Pay to the IRS Thought your taxes were complicated before? Light aircraft ownership tangles them further. Here are three things you need to know as a pilot. Paying income taxes is like sitting in a traffic jam: We all have to do it occasionally, even if we don't quite understand why. In one survey, 57 percent of Americans confessed to feeling confused about the tax code. A few things can make it [...]

14 01, 2019

No Employee Business Expenses for Individual Owners: What Light Jet Owners Need to Know

By |2019-01-14T19:26:09+00:00January 14th, 2019|Uncategorized|

Individuals Owning a Light Jet May See Their Tax Returns Change Do you try to use employee business expenses to offset costs? Not anymore. Here's what you need to know about writing off expenses as a light jet owner. Purchasing a light jet isn't as simple as signing on the dotted line and taking to the skies. You must consider how you intend to use the jet and what that will imply for your taxes. Ultra-high net worth [...]