buy a jet card Archives | Magellan Jets

Magellan Jets COVID-19 Updates And Procedures

Magellan Jets COVID-19 Updates And Procedures

A Smarter Way to Buy a Jet Card?

A Smarter Way to Buy a Jet Card? By: Andy Parker; Twenty-First Securities 
Historically, when an investor has needed to fund a large purchase such as a jet card, the traditional technique has been to raise cash by selling securities. These days however, the issue may not be so simple. Given the increase in the level of equity markets as well as the decline in interest rates, many portfolios – both stock and bond – likely have large unrealized capital gains. For any temporary cash need, selling stocks or bonds and paying capital gains tax may be an inefficient strategy. This is particularly true with municipal bonds with high coupon levels. Selling high-coupon municipals essentially takes a long-term tax exempt income stream and converts it to cash and a capital gains tax – not a tax-efficient solution.

jet card ownership fleet

7.5% TAX HOLIDAY FOR FLIGHTS
IN 2021 AND BEYOND

For a limited time only, receive 7.5% Federal Excise Tax exemption when you invest in private aviation between now and Dec 31, 2020, per the 2020 US CARES Act.

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