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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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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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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Buying A Pre-Owned Charter Boat

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Why do we know this subject inside out?

  • We have been owners of several charter boats, in several fleets. 
  • Michel, Sailonline's owner, founded and presided for 10 years of the Moorings Owners' Group, the world largest charter yacht owners association. 
  • Michel and his partners (all with equal unmatched experience on charter yachts) have implemented hundreds of transactions involving charter boat sales - new and pre-owned - all over the world.
  • We operate independently of charter companies and so we are free to write and say anything we need/want to - good and bad - in order to help charter boat buyers. So we are totally unbiased.

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Charter Yacht Management Tools

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These spreadsheets give charter yacht owners a comprehensive, specialized financial management tool designed especially for them. Those tools are Sailonline exclusives and are not available anywhere else on the Internet.

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