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By placing a yacht into an LLC and operating it actively for profit, the owner is able to generate substantial tax advantages that further offset the cost of ownership. There are very specific rules and requirements that need to be complied with in order to meet the standard of actively operating a business for profit and taking tax advantages.
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Most thrilling regatta in the Med: join Les Voiles de Saint Tropez for the best views of classic yachts
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From mentee to mentor 🔄 💪 Offshore sailor Djemila Tassin is now giving back through mentorship while skippering Class40 'Magenta'. Her story shows how sharing experience and opportunity helps open doors for the next generation 📈 ⛵️ #GiveToGain #WomenInSailing #IWD2026
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