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Shorts Créer
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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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The beginning of our transit through the Panama Canal. It was a long but memorable day!!
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⚠️ A hydrolocked engine can destroy everything FAST. @damage_control_sailing Sput from @damagecontrol_sailing shares the story of discovering their Yanmar was hydrolocked aboard SV Validated… and how they managed to save it before it was too late. 🎥 Watch the full pod: https://saltyabandon.com/saltypodcast96 👕 Salty Podcast SPF Sailor Shirts: https://saltypodcast.myshopify.com 🧼 Airlock 10% OFF with code SALTY: https://saltyabandon.com/airlock10salty
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