The great things about owning a sailboat that no one tells you about - Page 5 - SailNet Community
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post #41 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

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Therapy for the soul and a tax write off...LOL
What tax write-off?
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post #42 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

When the zombie apocalypse comes you have a way off the island...
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post #43 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

On a perfect sailing day I had yesterday, being the only boat on the bay, having many on shore watching me, hundreds of people...It really make me feel how privileged I really am, and allows me savor the moment and reality. 45 year old boat, worth next to nothing to anyone but me, but I am the riches man on earth! I was hording all the wealth. When someone says you must be rich to own a boat, I say they are right, I am rich.

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post #44 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

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What tax write-off?
The interest on the purchase, and certain closing costs, are deductible, the same as with a second home, subject to the same restrictions as the second home (for example, you have to spend a certain number of days aboard, facilities for living must be present).

Congress has tried to end it several times, but every time, the real estate brokers' lobbyists start greasing everyone in sight because of their fear that any change would exempt vacation homes as well (in fact, I suspect some Congressmen only introduce the bills to get the graft that comes in immediately afterwards).

Mixed blessing for me finally being able to write a check for a boat. No payments, but no interest deduction, either.

On the northern Gulf of Mexico.


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post #45 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

We also think of our boat as the "beach cottage", "boat TV" (watching whats going on around us) is far better than cable. Everything you stated is true, oh and food tastes better on board. Stonington CT bombster scallops on the grill yum yum followed by an after dinner martini, what more could one ask for??
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post #46 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

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When the zombie apocalypse comes you have a way off the island...
Not necessarily!

Check this out: Would a sailboat be a good place to be in case of a zombie attack?

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The sea, once it casts its spell, holds one in its net of wonder forever. - Jacques Yves Cousteau
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post #47 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

Greetings all.

I enjoy sharing the sailing experience with people that have never sailed before ... what a wonderful "thing" to share.
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post #48 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

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You can marry people because you are a captain.
Yes you can.... But those marriages are only good for the duration of the voyage.

In reality; Captains today can no longer marry people, unless you are a licensed minister or reverend or priest. The change was back in the latter part of the last century.
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post #49 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

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Yes you can.... But those marriages are only good for the duration of the voyage.

In reality; Captains today can no longer marry people, unless you are a licensed minister or reverend or priest. The change was back in the latter part of the last century.
I certainly hope you are incorrect about this, or there are a whole lot of couples who think they are married, but are not. I performed quite a few marriages aboard a schooner I operated in SC, as a notary. A civil ceremony does not require a religious person to perform it; a justice of the peace, court officer and a notary are all acceptable in some (many, all?) states of the Union.
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post #50 of 115 Old 05-08-2014
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Re: The great things about owning a sailboat that no one tells you about

Personally I like the idea of a marriage that lasts until we come home.
Sounds like fun. :-0

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