Tax forms on LLC owned aircraft

[Stick]

Last year my partners and I formed an LLC to purchase an aircraft. All the costs of the purchase and operating expenses are paid by the LLC. Each member had an initial capital contribution and monthly contributions to cover fixed and operating costs. Before I go see a CPA, I was wondering if anyone else has some recommendations or insight on handling the required tax forms. The LLC is not for profit and was set-up to manage the asset. Also interested if anyone in a similar situation does there own LLC taxes.

 

[GM.]

 

[Stick]

 

[guzziguy]

 

[GM.]

 

[Stick]

 

[Jesse Saint]

 

[douglassc36]

 

[Favoriteflyer]

 

[Stick]