You may have heard by now that pilots and aircraft owners and real estate investors can actually buy their own hangar at the Orlando Apopka Airport. Of course, a hangar on its own means nothing unless the land deed comes with it. Sure enough, you can buy your own land and build your own hangar with the help of the Orlando Apopka Airport. Here are 6 strong advantages to doing so.
1. A hangar saves you time.
When you try to rent a hangar it's not possible to guarantee yourself a reservation. Hangers are in high demand and you are subject not only to the discretion of the owner (who may want to use it on his own) but also to flight scheduling and the busy time of year. The surest way to guarantee your aircraft a home is if you buy it one yourself.
2. A hangar makes you money.
A hangar is in such high-demand, not only can it make you income, but the property also appreciates overtime. Statistics show that airport construction is down and airplane production is up. That is good news for you if you have an aircraft hangar ready to lease. You don't even have to have a pilot license to get started making income from flying.
3. A hangar protects your aircraft.
Let's not forget the most important reason why you buy or rent a hangar: to keep your machine safe. There are numerous threats that could rapidly age your aircraft if it is left uncovered. It is common for uncovered planes to suffer damage due to vandalism, bug and bird damage, weather related damage such as rain or hail, oxidation, heavy sunlight with UV rays and even theft.
4. Higher Price for Aircraft
If you ever want to sell your aircraft then make plans to either rent or buy a hangar. Hangared aircraft always sell at a higher rate than unhangared aircraft. Unhangared aircraft are the "used cars" of the aviation world. They have probably suffered weather damage, exterior damage, paint damage and numerous other quality compromises. Protecting your aircraft in a hangar can keep your machine looking top quality whether for show or for trade.
5. You can add on to your hangar.
When you buy the land and build your own hangar you get full creative control over the building project. You can add in amenities, bathrooms, offices and suitable living quarters (though not all cities allow legal residents inside). If you want to impress your friends and acquaintances at the site of take off, then go all out to make the hangar livable and ooh-worthy.
6. Owning your own hangar can be counted on your taxes.
If you own your own hangar you can make some of that investment back by counting it on your tax return. Hangars can be depreciated for tax purposes, can qualify as a tax-deferred exchange property and can knock off a chunk of reportable income as business expenses-especially if you own more than one.
Visit the airport at www.OrlandoApopkaAirport.com
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