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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.
Climb onboard the all-new Sun Odyssey 415 as we put her through the paces for the first time on the Chesapeake Bay. Stay tuned for a complete walk-through…! __________________________________________________________________ Since 1957, Jeanneau has been dedicated to building quality sailboats and powerboats for those of us who share a passion for being on the water. Today, Jeanneau is a global leader in yacht production for both power and sailboats. Wherever there is water, you will find our owners' enjoying their Jeanneaus.