Aircraft owners, operators and leasors must comply with FAA regulations under the correct Title.
Whether you are an aircraft owner, operator or leasor, flight enthusiast or businessman, when the FAA grants you a certificate you are required to comply with FAA regulations. The FAA has implemented specific, complex control requirements for aircrafts. The FAA has also implemented equally specific and complex tax laws related to determining the character of the income and/or loss resulting from the leasing activity.
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