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posted to rec.boats
Wayne.B
 
Posts: n/a
Default How the top 1/100th of 1 percent lives.......

On 1 Feb 2006 15:10:54 -0800, wrote:

waiting for a guy and 40 of his closest
friends to take off and enjoy, for rates of anywhere from about
$100,000 a week to as much as $700,000 a week. Of course, at that sort
of rates these are fully staffed. :-)


With fully loaded operating costs upward of $5000/hour, you would
probably charge that much also. The corporations that own these
things can afford cost accountants who can figure it all to the penny.
Even if daily staffing runs higher than $1,000/day, I'd bet that is
not the most expensive item. Usually amortization/opportunity cost is
#1 followed somewhere by fuel, maintenance, staffing, etc., not
necessarily in that order.

From a tax standpoint, it makes a lot of sense for a corporation to
own the boat, and the owners and everyone else charter when they want
to actually use it. The deductions and write offs are a lot cleaner
that way, and liability is limited in case something goes amiss.