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That moment when the engine is turned off and you feel the peace of the ocean. Just the sound of the wind in the sails and the flow of water past the hull. A slight heeling of the boat, your hand on the steering, and you are away on another adventure....
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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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A reef manta visiting a cleaning station in Raja Ampat.
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