Most yacht owners only use their yacht 4-6 weeks per year.
Business yacht ownership program. Many people dream but with SailTime it can become a reality. Worry-Free Yacht Ownershipor is it. Guaranteed Income Program is our easiest and most trouble-free ownership program.
So is owning a charter boat for everyone. In-depth interview with a yacht-as-a-business boat owner about how well the yacht charter business program he chose is working for him. Have the time available to make reasonable use of the program.
SmartYacht brings together suitable shareholders - depending on the type of yacht desired location and personal use requirements. Charter companies lure prospective boat buyers into yacht charter management programs touting them as the most cost effective way to own the yacht of your dreams without worrying about the hassles and expenses of traditional yacht ownership. Based on our experiences Nancy and I believe there are four prerequisites that make you a good candidate.
We urge potential buyers to seek the advice of qualified tax advisors in setting up and operating a yacht as a business. Sail the world for up to 12 weeks each year in 40 exotic destinations using our worldwide reciprocal owner use program. The program is structured like a business with a revenue stream based on the actual charter income generated by the Yacht and actual expenses in order to properly run this charter business.
We will guide you to make a good choice to suit your individual goals. A sensible alternative is yacht co-ownership. Youll own a luxurious sailboat at one of our select bases worldwide collect up to 9 guaranteed payment with no risk and sail the world for up to.
Well we have tested this theory. The IRS goal is to deter taxpayers from using a yacht-chartering business as a way to purchase a yacht for personal enjoyment and then deduct losses for the yacht-chartering activities. He talks openly about.