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We are sailing on P&O Iona's Christmas Market Cruise, and our countdown has begun! We sailed to Germany before the pandemic, and are expecting a few differences this time around. Subscribe for our upcoming Iona Xmas Market videos, as well as the final vlogs in our Koningsdam series to see what Germany was like the last time we visited. #shorts
Thinking about using a yacht for your business and want to know about tax breaks? Section 179 lets you deduct part of the cost upfront, but only if the yacht is truly for business (To qualify you must prove Active Participation and Ability & Intent to make a profit) and there are spending limits. Bonus depreciation offers even bigger deductions. Remember, the IRS is strict, so consult a tax pro specializing in yacht businesses.