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Shorts Lumikha
😱 Getting here was a nightmare https://youtu.be/hcmv4li_W9E Sailing the Bahamas to Hogsty reef was... quite the adventure! Almost no on goes here because it's in the middle of nowhere. But it's really one of the places on earth with the bluest water! #travel #shorts #bluewater https://youtube.com/shorts/q_mb9W3L9t4
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.