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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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A little rainy day here on the boat. ready for the sunshine!
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"Sailing builds up my skills. It can be quite difficult but rewarding in the end." Stuart Brereton, Bray Sailing Club. #activeonthewater #strategy2020 #inclusion
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Schwedischer Traum für Fahrtensegler: die neue Hallberg Rassy 370
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