Is Buying A Charter Yacht For You?

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The Preliminary Soul Searching Exercise

The Good News

Is buying a boat an investment?

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Top Ten Reasons to Own a Charter Boat

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katlo-cruising-tortola-bviWe sold 'Katlo', a Lagoon 450 two years ago to owners, Kathy and Mackie. 'Katlo' was placed in the luxury charter business in the BVI and has quickly made a name for herself in the industry.  We have had glowing reviews from the owners, crew and charter guests and thanks to their great experience, they have given us their 'Top Ten Reasons To Own a Charter Yacht'.

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Charter Boat Ownership for Dummies

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More and more people are buying monohulls and catamarans and placing them into charter programs all over the globe. Placing a yacht into charter management is a good way to reduce the cost of the boat and also offset the cost of ownership. There are different types of Management programs offered by the industry that I will analyze and explain to ensure that you have a good understanding of what you will be getting into if you decide to place a yacht into charter management.

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Charter Boat Business and Tax Issues

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We are still waiting to see how the Administration will treat the Section 179 for 2015 and hopefully 2016.

Meanwhile, here is an interesting excerpt about a case won by a taxpayer about active boat ownership. This is the prrof that those cases can be won.

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Cruising Areas Skill Levels

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You will find here some guidelines of the boating/sailing skills that you shoudl have for each popular charter destination, in normal and typical conditions.
Important:
 Those are GUIDELINES ONLY. Weather and navigation conditions may vary significantly from usual patterns. If that is the case, the necessary skills may become much higher.

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