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Launch of our new race management OzyCat
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Fantastic partnership between father and son sailing the Hobie Tiger F18 always produces fantastic results. Dave and Joel.
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A little Preview of our Journey from Hondoras To Cuba. Days of 30+ knots of winds and 10-15 foot seas. Stay tuned for full episodes! https://www.facebook.com/SeawolfAdventure
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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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