# Episode 52: Navigating Private Aircraft Ownership and Tax Compliance Page: https://stenobird.com/podcast/jet-setting-wealth-advisory-6995146/episode-52-navigating-private-aircraft-ownership-and-tax-compliance Text version: https://stenobird.com/podcast/jet-setting-wealth-advisory-6995146/episode-52-navigating-private-aircraft-ownership-and-tax-compliance.md Podcast: [Jet Setting Wealth Advisory](https://stenobird.com/podcast/jet-setting-wealth-advisory-6995146) Published: 2026-06-09T04:00:00+00:00 Episode link: https://traffic.megaphone.fm/CSN5438684146.mp3 Audio file: https://traffic.megaphone.fm/CSN5438684146.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/jet-setting-wealth-advisory-6995146/episodes/episode-52-navigating-private-aircraft-ownership-and-tax-compliance Duration seconds: 3226 ## Resource Want to understand the tax and compliance issues before buying an aircraft? On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Letisha Sailor, founder of AvTax Advisors, for a practical conversation on aviation tax law, aircraft ownership, FAA compliance, and IRS audit risk. With more than 20 years of experience in aviation tax and accounting, Letisha explains why aircraft ownership requires more than simply choosing the right plane. From structuring ownership correctly to documenting business use, managing state tax exposure, and preparing for potential audits, this episode highlights the importance of proactive planning before the purchase ever happens. Key Takeaways: → Aircraft ownership requires planning before purchase→ Tax deductions depend on proper documentation and business use→ Ownership structure must balance tax efficiency and FAA compliance→ State sales and use tax can create unexpected costs→ Proactive review can reduce audit risk and compliance issues More from Letisha Sailor and AvTax Advisors: Website: avtaxadvisors.comLinkedIn: linkedin.com/in/letishasailorInstagram: instagram.com/avtaxadvisors/?igsh=YzZlaTRremhhYzR1# Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/jet-setting-wealth-advisory-6995146/episodes/episode-52-navigating-private-aircraft-ownership-and-tax-compliance/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/jet-setting-wealth-advisory-6995146/episode-52-navigating-private-aircraft-ownership-and-tax-compliance.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.