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Really Bob it's like stepping out onto an elementary school playground and
boxing with a 6th grade girl. No matter how hard you hit her she's not going to get better at boxing. I can understand you making fun of those who can challenge and sometimes defeat you but putting these fish into a blender may be a bit much. So how's your charter scheme going? Have you figured out how to depreciate the full market value of the boat as a business, gain income as a charter and then deduct it again as a second home? You may consider mortgaging the boat. You'll have cash in hand and a bigger business write off. With some ingenuity you'll garner about 8 times what you paid for the boat in tax write offs and income. Here's a tip, use the NY registration for one set of books, the documented name for another. If you do it correctly, you'll be sailing a Swan in three or four years! Now that is something to really brag about. With a nice big Swan in your clutches you could fit many models on the boat, even rent it out to modelling agencies for photo shoots! Good luck on your enterprise! |