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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.
Jeanneau Sun Odyssey 37 https://www.scanboat.com/en/17424075 Jeanneau is a French boatyard in Les Herbiers , which has produced yachts since 1957. The founder was Henri Jeanneau, a hardware store owner, who began by producing power boats. Jeanneau specializes in monohulls, but it created a specialist multihull line, Lagoon catamarans. Jeanneau and Lagoon became part of Groupe Beneteau in 1995