On Nov 14, 1:01 pm, Joe wrote:
On Nov 14, 11:14 am, Bob wrote:

On Nov 14, 5:36 am, Joe wrote:

On Nov 14, 1:32 am, Bob wrote:
On Nov 13, 8:35 pm, Joe wrote:
Since its all about profit, lets try this:
I buy a 81'x24'x12' steel gulf shrimper. Make it my liveaboard. Hell,
rent out a room for $400/mo!
Then the USCG will call you a charter vessel so you better have a
licence and crew

Hi Jo: Im a little confused............... The only diffrence between
my example an yours is that I would have a lorger boat and more beans.

NO you stated that you would rent a cabin for 400 a mo. That means you
are carrying passangers for hire. You as the Captain of the vessel
will then need a current Captains ticket. If you hire crew you will
need the same with even more Jones act regulations and requirements.

Remember, Im just a guy going to CA and going to buy 180,000 lbs of
beans for personal use and take back to TX. In your example you only
take 10K and later 40,000 lbs of beans.Why would I need a license. The
boats at 177GRT so under 200 GRT and Documented Recreational use.

You need to document it for commerical use, coastal with a cargo
endorsement.







I don't know anything about the buy-sell price of beans but lets say
ya gross $3.00/pound

No... lets be real and say you gross close to 4 times that for roasted
hand sorted, sun dried, organic gormet coffee delivered in a eco-
friendly way. In a way that foster brand loyality from customers that
demand companies and products be as green and eco-friendly as
possiable. And while doing it you promote enviormental awareness and
feel good about what you are doing.

This is where you need to brush off that MBA you got a few years ago.
"brand Loyality" is a very slippery area of research. Think Organinc,
donkey, Kona coffee at $35/lb. That might give yo a good product
model.

Why try to skirt the law?

I can not belive you just said that! !! ! ! ! ! !! !

I'm not trying to skirt the law. In my example of a tourist using his
own vehicle ( RV
) while on vacation to bring back trickets... the point was it's OK as
long as you declare them, and pay any custom tarriffs. The only
difference on a boat is you need to be a documented vessel to trade
with other nations.



That's when people get in trouble. Your
head would start spinning dealing with the restrictions to import
fuel, you get busted doing it I'm sure uncle sam would put you under
the jail and throw away the key.

Yes, fuel.... meat... dairy and a bunch of other products have
"special" needs. But I am still very conserned about using a boat to
haul beans for your business. If you are a business in TX selling
beans. IRS will require your tax ID number and declare any proffit/
loss etc. from sale of beans.

Yes we are a DBA ~ EL Lago Coffee Co. We pay taxes on profits and we
deduct expenses like any other company. Except that Harris county is
considered a Coffee Green Port. So when all the schools ect tax
companies they base that tax on inventory and equipment. Coffee is
exempt.

WIll you be deducting ANY cost regarding

the boat?

Yes, I'm using it for business purposes. Just like you could use your
car for business. You deduct the expenses that you incur doing biz.



You maybe completely correct about the legal aspect of hauling beans
by boat. However, the advice I got from the attorney and cpa I used
were impeccably conservative when interpreting the various rules,
regs, policy etc. Bottom line I was in business and using a vessel to
conduct commerce. THey both repeated "ya can not have it both ways.
Youre either a tourist bringing personal consuption or a business
hauling commerce." They recommended getting a Coastwise documentations
and fulfilling the rest of the requirements.

Good recommendations. Why did you see that as a brick wall? Meet the
requirements for a safe boat, fill out the paper work, pay all the
fee's and you are good to go. Sheeze my brick wall to get into a
boating business were I did not have 3 million dollars after Katrina
hit to buy a 110 ft fixer upper crewboat...was looking at the 3
million dollar boat before Katrina when it was only 225K, two weeks
after Katrina it sold for 3 million...timings everything.

But maybe in the GOM thins are a little more lax.
Either way, I'll be down there next season. Hope I run into you. Id
lvoe to shake your hand and have a sample. Hows that coffee go with a
mess of mud bugs?

Beers prbly better with spicy mud bugs.



Soon to be a Coonass again,
Bob

PS The gulf boat example was just a BS idea I had. I tried to pencil-
out how to out compete and haul wheat down the Columbia river with
one. But the Tidewater barges just had toooo much scale to overcome.

Well yeah...you might as well haul dirt.

I have another boat ideal that can make money...picking up old growth
lumber from the bottoms on the 1800's logging rivers in Alaska and the
PNW...But the initial investment brick wall is there.

Joe- Hide quoted text -

- Show quoted text -

PS..Did you hear about the war between the Texan's and the coonasses
on the Sabine river?

The coonasses were tossing dynamite across the river...and the
Texan's were lighting it and throwing it back ;0)

Joe