Join Date: Mar 2006
Location: Fort Lauderdale
Thanked 22 Times in 22 Posts
Rep Power: 10
Sure...if you sure to declare the income, and make sure to have a tax-id, and pay the sales tax, and pay for charter insurance coverage, and make sure people actually pay you, and make sure people dont do excessive damage to your boat, and make sure people pay you, and keep your boat in full functioning order as things wear out faster, and make sure to keep doing periodic upgrades to ensure you get customers, and do marketing to get the boat working, and make sure you have some way of going after deadbeats.
Personally...just not worth the hassle. If you cant afford the boat outright, dont expect charter to help the scenario. Its a tough *BUSINESS* with a lot of competition.