You can charter adventure sailing vacation to almost any
destination in the world. The only problem is that it will cost you a lump sum
paying for the crew, the meals and the fuel for the trip. You can probably save
money on a sailing vacation when you own the yacht but only if you know how to
navigate and control it.
The advantage of owning a boat is that you can go on a
sailing vacation at anytime. You don’t have to call your travel agent or make
any reservation online since the boat is just sitting at the dock waiting for
you to come aboard. The only thing you have to do is buy food and fuel which
should be enough to get you back to port.
The boat also brings financial benefits because when you are
not using it, this can be rented out to those who want to go on their own
sailing vacation as long as they are able to pay your rate. This of course
means additional revenue for you so the ship stays in good shape.
This makes it also ideal for those who want to conduct
business on board because this is a tax deductible once you register your boat
as a place of business. To see how this works, get in touch with your tax
advisor
Another financial benefit of owning your own yacht is the
fact that this is considered to be a second home. This is as long as the boat
has at least one berth, a permanent galley and a head which is the requirement
of the IRS.
If you can’t buy your own yacht, there is something called
fractional boat ownership which means for a certain period during the year, you
can do whatever you want with the boat. This will allow you to use it to go on
a trip with your family.
The best thing about this is that a group of you share the
cost of owning the yacht which already includes its maintenance, insurance,
moorage, equipment, fuel and repairs.
This can only happen of course after you have completed a
boating safety class and a safety orientation. This will not be a problem for
you if you are already certified to sail a boat and know how to use all the
equipment like charts, compass and GPS on board.
The other option is to join a boat club. Unlike part time
sharing, you don’t get to own a boat. But as a member, you are entitled to up
to 4 advanced reservations at any given time and access to powerboats or to
sailboats that are up to 30 feet in length. The club for its part will shoulder
all the other expenses such as
maintenance, cleaning, storage and insurance.
There are many of then around so you won’t have a hard time
choosing one. Some cater to one market while others cater to all. They also
offer boating classes for those who want to do this for fun or commit
themselves in the sport.
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