Menu

How the top 1/100th of 1 percent lives.......

Search this Thread

Prev

Previous Post

Next Post

Next

#8

Report Post

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.

Reply With Quote

Reply With Quote

Thread Tools	Search this Thread
Show Printable Version	Search this Thread: Advanced Search
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Posting Rules
Smilies are On [IMG] code is Off HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Gallup: Poll Finds Americans' Belief in God Remains Strong	Mule	General	24	December 14th 05 07:05 AM
Bush slips to all-time low in CNN poll	Don Dando	General	3	November 15th 05 03:55 PM

All times are GMT +1. The time now is 05:16 PM.

About Us

"It's about Boats"

Contact Us BoatBanter Home Privacy Statement

Copyright © 2017