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Aww Hell, have at it, man!
Folks get so wrapped up in the twists, turns and tangles that can be made with this particular FAR. The bottom line is this: Make the deduction on your tax return (I dont think you can deduct the full amount but I cant remember how that works. I just let my company reimburse me for half the hours flown in cash) or have the company pay you a specified amount per hour for rental/gas/oil and whatever other legitimate expenses you may have. Its a "spirit of the law" kinda thing. *If* the FAA SWAT team busts your door in and does a strip search, will they find that you have intentionally and willfully piloted an aircraft with the express intent of making a profit? In your case, the answer is a loud, "Hell No!" The regulation is there to protect private citizens from being subjected to the inadequacies of the typical Private Pilot like myself. A caveat: Make damn sure nobody ELSE thats flying with you is making a profit from you doing the flying. Fer example, your boss tells Joe Blow that if Joe Blow pays him $100.00, he will let Joe fly in the back seat. You dont know a thing about this deal. As strange as it may be, that would be YOUR ass if you happened to get ramped and the inspector gets the story out of your boss. Strange but true. -- Jim Fisher North Alabama Cherokee 180 "FlyGuy" news:Nospam-ya023680002508001303500001@news.mindspring.com... > Okay here goes- now I know there are questions constantly asking about > whether or not a person can charge passengers etc. Ill check my FAR > tonight, but Ill outline the circumstance, and then the question: > > Im planning a business trip to another city with our companys manager, > Im PIC. If I pay my 1/2 share of the cost of the rental and etc., can the > company compensate me for the other persons half? OR can I simply pay the > whole amount myself, and then deduct the expense from taxes as a business > trip? I understand that I can ONLY charge the "pro rata share" of the > expenses, but how can that be reimbursed? Any experienced information > appreciated. > > Jeff > PPSEL |
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