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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.
⛵ Salty Podcast #72 - No Holding Back 🎙️ Guests: @shipwrecksurvivor + @itspippaagain 🌴 Bahamas drama 🔥 Sailing opinions ⛵ Free Lessons offered by Christian himself 📺 Watch LIVE Wed 8/27/25 6pm CT / 7pm ET 👉 https://tinyurl.com/SaltyPodcastPlaylist #SaltyAbandon #SaltyPodcast #Sailing #FreeLessons #TinsleyMyrick Salty Abandon, Salty Podcast, Sailing, free sailing lessons, shipwreck survivor, Bahamas sailing fees, cruising Bahamas, sailing podcast, learn to sail, sailing opinions, sailing couple, Bahamas cruising costs, salty abandon podcast, capn Tinsley, sailing drama, Bahamas fees, sailing advice, Instagram sailors, yacht life, No Holding Back