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Where craftsmanship meets freedom. The Southerly 480 is your gateway to limitless horizons. #SoutherlyYachts #Sailing #Yachting #PunkYachting #BoatLife #YachtLife #Travel
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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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