View Single Post
Old January 15th, 2008, 19:28   #17
Nihon_Ni
Senior Member
 
Nihon_Ni's Avatar
 
Join Date: Oct 2007
Location: Okinawa, Japan
Posts: 331
Default Re: Best Way to get Multi Time if going FBO

Quote:
Originally Posted by HMS CALPE View Post
One option to consider is to buy 100hrs block time from Falcon Flight Orlando in a Beech Duchess (IFR). You can buy 2ea 50 hour blocks at 172hr. That is $17,200.
Another option would be to buy those 100 hrs and use it by flying missions for Angel Fllight. While you will have to donate the flight time, you will be able to write it off of your taxes. Depending on your financial situation, that could be a huge savings. For example, if you're in the 25% tax bracket, each $100 you spend on charity flying will reduce your tax bill by $25. That's an easy way to get Uncle Sam to chip in on your flight training. It's also a very rewarding experience and will allow you to make a real improvement in someone's life with a skill you have and money you plan to spend anyhow. Even if the tax benifits aren't attractive (if you have little income, they aren't as good), the personal satisfaction you will get out of it will last a lifetime. Besides, it's a good resume bullet. It's esentially part 135 work for charity.

http://www.angelflight.com/

Blue skies,
Rob
Nihon_Ni is offline   Reply With Quote