Burns & Levinson provides skilled legal assistance to buyers and sellers, borrowers and lenders, and lessors and lessees in private aviation transactions from concept to closing. We understand that business aviation is a complicated field subject to regulation by a number of government agencies, including the Federal Aviation Administration, Internal Revenue Service, Department of Transportation, Securities and Exchange Commission, state taxing authorities and other regulatory authorities.

We advise aviation clients on financing and risk issues; maximizing depreciation deductions; the relative advantages of Part 91 or Part 135 operations; like-kind exchanges; avoiding or minimizing state sales taxes and the federal transportation excise tax; personal use, hobby loss, passive loss, at-risk limitations; and other considerations that can impact your business aviation decisions.

Professionals Resources