Welcome to Passage Nautical

Charter Yacht Ownership Benefits

Offset The Cost of a New Yacht With Generous Tax Benefits and Charter Income

YOUR YACHT AS A BUSINESSYOUR YACHT AS A BUSINESS

LEARN HOW TO RUN A SUCCESSFUL YACHT CHARTER BUSINESS THROUGH OUR YACHT AS A BUSINESS TRAINING

For over 30 years we have been helping clients successfully set their boats up as a viable business and receive considerable tax advantages and income. This has helped them dramatically offset the cost of boat ownership.  And, it’s not too good to be true. It’s the way charter companies have operated for decades, and the tax laws that benefit you are in place to grow industry and the economy, not trap taxpayers.

If you’ve dreamed of yacht ownership and having a boat in either a local fleet on San Francisco Bay or exotic locations like the BVI’s, Croatia, Greece, Italy or even Thailand, we have a program for you.

We help you choose and specify a boat, you decide where you would like to keep it, and we help you set it up as a business and cover its costs through generous tax savings and income.

We’ve helped hundreds of people successfully operate their boats as a business and have a lifestyle of their dreams.

We’re the local leaders in this field with years of experience and many success stories.  The programs we offer are the safest financially, and give you the best revenue options.

4 REASONS WHY IT’S WORTH CONSIDERING:

1. TAX BENEFITS: By setting your boat up as a business, you take advantage of the many tax saving strategies that any other business does. Because you are putting equipment into operation, you can use the Section 179 Deduction, which allows a business to deduct the full purchase price of financed equipment up to $1,000,000. The equipment must be placed into service in the same tax year that the deduction is being taken. Additionally, all expenses of ownership, berthing, maintenance, insurance, property tax, and more, become business expenses.  You will also be entitled to depreciation expenses.

2. TURN-KEY USE: Boats in charter programs have to be ready to go out at any time. After every use, the boat is inspected, maintenance and repairs made, and it’s ready for use again. The benefit to you is that when you’re ready to boat, your boat is ready for you – just step aboard and go.

3. YOUR BOAT MAKES MONEY WHEN YOU’RE NOT USING IT: Charter revenue can be substantial depending upon the program, the amount of time you want your boat to be used, and the type of charter use. We’ll discuss this as part of the program selection as we help you set up your business.

4. PROFESSIONAL  MAINTENANCE: A boat in charter use receives regular maintenance, both cosmetically and mechanically, to keep it ready to go and looking good. You can have maintenance scheduled and performed for you or you can manage this yourself.  Regular maintenance extends the life of the boat and all its onboard equipment, keeps operations safe, and preserves the boat’s resale value.

OUR PROGRAMS AND COMMITMENT

Our programs lagoon 620are specifically designed for  the private yacht owner who is looking for an exclusive and attentive experience. Our professional tax advisor can help you with an initial consult to see if this makes financial sense and can even work with your personal accountant to get them up to speed on this type of business operation.

Our goal is to help you successfully set up your boat business, meet your ownership goals, and be part of a fleet that fits your lifestyle and financial goals.

We are now partnered with one of the most exclusive lifestyle charter companies in the world.  We have income programs and yacht share programs to fit any interest or goal for international placements.

What’s my first step?

FIND OUT IF CHARTER YACHT PLACEMENT IS FOR YOU
Attend one of our monthly “Your Yacht As A Business” seminars or webinars and learn about charter yacht ownership benefits, or call for a private consultation. Our webinars are on the first Wednesday of every month from 7pm to 8pm. Convenient on-line sign up for our Monthly Webinar