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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Active Yacht Ownership: FAQ and Common Misconceptions

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We have received many questions about Active Yacht Ownership in the last few months so we decided to present a FAQ section for AYO. I am sure that many of your doubts will be assuaged by these answers but if not, please feel free to give us a call or email us. Also read the article explaining Active Yacht Ownership in more detail.

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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 Seamanship Manual

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This 29-page seamanship manual is the only one geared specifically to charterers, seasoned or first-timers alike. It even includes a glossary!

Here is the table of contents:

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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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