מִכְנָסַיִים קְצָרִים לִיצוֹר
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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.
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We made it to St Martin! What a trip down from Bermuda. I had five crew on board in addition to myself. Some wanted to see what a long open ocean passage was like, others needed to build miles, and some were simply seeking adventure. If you want to discover what the sailing cruising lifestyle is like, join me on Britican! #sailingexperience #sailingadventures #sailinglife
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