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We’re Dani & Asher, two Kiwi’s who after spending 5 years living in London, decided to head home the slow way. We bought a 36 foot sailing boat called Bacchus, built a rowing and sailing dinghy Pīwakawaka and headed towards the horizon. We’ve sailed the south coast of England, the Atlantic coasts of France, Spain and Portugal, the Canary Islands and after a looooong trip across the Atlantic Ocean we ended up in the Caribbean. We free-dived with turtles, hiked volcanoes and had a blast on the coco palm lined, white sandy beaches before the unexpected happened. The world was hit by a pandemic. We’ve made it as far as Panama, the half-way mark on our journey home and we’re not entirely sure what happens next. We may get home this year, or maybe it will be next but we are Sailing Bacchus Home ⛵️ Music: www.bensound.com
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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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