We have received so many questions about operating a yacht as a business, so we interviewed one of our catamaran owners in this program currently.
Chris gives us a first hand account of his experience as a boat owner in a charter fleet, how the program works for him, why he chose this program over a conventional guaranteed income program and much more.
We also discuss the fact that the acquisition of a new yacht may be an effective business tool to take advantage of the available tax rules but the tax benefits must be carefully planned, documented and implemented to make sure that it can withstand scrutiny.
Here is a link to the FAQ’s about Owning a Yacht Charter Business and Tax Advantages.
