Best bussiness for a sailboat?

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Jason

I would like some creative ideas on how to run a boat as a business? I've heard of charter programs. What else? I would like to be able to get a rebate on my taxes. Any clever ideas?
 
Jun 3, 2004
275
- - USA
Clever Ideas

If your Ontatio location is in Canada I have some cleaver ideas for you. Most Canadian sailors I know leave their boats in the US and never pay sales tax, use tax, or state registration fees required by law. I suggest you pay your fair share and you'll likely get an income tax credit. Not from Canada? Never mind
 
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Brian Hanna

Wake up on the wrong side of the bed today Daryl

The man asked a simple (and by the sound of it) above board question. You attacked not only him but every other law abiding Canadian. I wonder if you have a bias/prejudice toward other "types" of people. What a sad way to go through life.
 
May 21, 2004
172
Hunter 31_83-87 Milwaukee South Shore Yacht Club
There is one in Milwaukee

There is a guy here in Milwaukee who does charters. You might want to check with him. http://www.seadogsailingmilwaukee.com/
 

Alan

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Jun 2, 2004
4,174
Hunter 35.5 LI, NY
Captain's license?

If you are going to run a business taking people for hire, you're going to need a Captain's license from the coasties.
 
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Markdb

Hire yourself out as a floating billboard

Locate your boat in a very public place and hang signs from your mast and or sails. Hire your self out to be "local color". Break things on our boat and teach people how to fix them. For $200, its a class. For $1200 its a seminar. I gotta stop drinking so early ***hic*** Mark
 
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Eric

My cruising father-in-law decided ...

He has lived aboard his sailboat for nearly eight years. Traveling between the 1,000 Islands of NY and the Bahamas/Cuba. His 35-foot sailboat is PERFECT for operating a charter company. But then, as he says, sailing suddently becomes work (and don't we all sail to escape work). 90 days until we launch in '05.
 
Mar 8, 2004
22
Hunter 31_83-87 Eustis, Fl.
Making Money with Boats

There is a good book entitled "Making Money with Boats" by Fred Edwards, published by Cornell Maritime Press, you might want to get a copy cost about $19.95
 
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Steve O.

don't do it

Not to mention a CG license, you will have to pay more for liability insurance, and business taxes. Who needs it? Just sail and have fun.
 
E

ernie

If you love your boat, don't charter it!

Speaking as someone who has spent several years as a maintenance chief for a fleet of a dozen sailboats, I would strongly advise against putting your boat into charter if you want it to last for a long time. Sure the money is nice. You can manage to pay your slip fees and operating costs, and maybe even put a little in your pocket, but think about the wear and tear on your boat. UNLIKE MOST ALL READERS AT THIS SITE, the large majority of bareboat charterers out there treat charter boats like many people treat rental cars. They beat the living daylights out of them with the attitude "it's not my boat to fix". I've seen a brand new boat "age" five years in one season. Don't believe me? Take a close look at the boats available from charter companies after the boat's charter usefulness has expired. Also, take note of how long it took to get that way.
 
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Tony

Paying up/Daryl

I am one of the Canadians who does not leave his boat in the U.S. I travel to the U.S. possibly twice in a very short season, I have to buy a customs decal $25 and if I want to land where there is no INS or working videophone I have to have a $32 I68. so I pay $57 into the U.S. even before I have landed. Thankfully I believe you are in the minority of U.S. boaters who generally welcome us to visit you, and you are not I believe indicative of the normal quality of people that respond on this site. Happy boating, and you are welcome in Canada anytime you want to visit, and it won't cost you $57 before you arrive Tony
 
Dec 2, 2003
4,245
- - Seabeck WA
Tony, right about that.

We love Canada and you let us in for free. We would pay any amount that we could afford. Shush, don't say anything.
 
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Tony

Canpass

Yes it does cost that , but you are not required to have it, without you just phone into customs on arrival in Canada, not call before you leave the States or arrival at a Canadian entry point. Try landing without an I68,where there is no video phone or live INS inspector and you get told to leave U.S. waters immediatly regardless of time of day or weather conditions, or have your boat seized. These are some of the reasons so many Canadian boaters do not cross over now. I am one of only a handful from our club (100 boats) that still run the gauntlet. I personally don't wish to be intimidated by anyone from travelling freely between our boarders, and activly encourage others to follow us. Getting back to the thread, If you can afford to run your boat without a business you will have a boat that stays how you like it. Charteres generally abuse boats, after all they have paid for it !!
 
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