Posted: January 27th, 2023

You have spent several thousand dollars on upgrading the aircraft’s avionics.

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You have spent several thousand dollars on upgrading the aircraft’s avionics.
You are going to allow another pilot to fly your aircraft.
You have been using the aircraft only for your own recreational, proficiency, and business travel. Now, you have earned your flight instructor certificate and want to also use the aircraft to start a flight instruction business.
You have been flying your aircraft only within the contiguous (lower 48) U.S. but are now planning to fly it on a trip to Belize.
You have paid off the loan you took out to purchase the aircraft.

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