Charter Before You Buy
Charter Before You Buy
Our Mission
Charter Before You Buy is dedicated to offering individuals the chance to experience the luxury of yachting before making the commitment to purchase a specific model yacht.
Our tailored services aim to provide seamless transitions from chartering to ownership, ensuring your dreams of owning the right yacht for you become a reality.
Should I buy a Yacht to Put in Charter?
Many people want to know what the benefits and tax implications are of buying a boat and placing it in charter. The subject is discussed below, this information is taken from multiple sources on the internet. I have paraphrased many of the details. This is for information only and is likely subject to change each year as the tax laws change. Please seek Professional Tax advice.
Benefits of Owning a Charter Yacht
Placing a boat into a charter operation offers a number of financial benefits. Here are a few of the most significant:
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Reducing Purchase Price – An income agreement would return a certain percentage of the purchase price over the length of the charter agreement. So, at the end of agreement, you can amortize the cost of purchasing the yacht.
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Reducing Cost of Ownership – Owning and operating a yacht is very expensive. Charters help to greatly reduce annual costs. In a successful Caribbean charter season, a charter yacht might earn enough to cover all yearly costs, resulting in a net profit.
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Potential Tax Advantages
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Congress Reinstates 100% Bonus Depreciation & Expands Section 179 – Retroactive to January 20, 2025
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Great news for those considering placing a yacht into a charter business program.
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Congress has officially passed legislation reinstating 100% Bonus Depreciation and enhancing Section 179, creating a powerful opportunity to maximize your tax benefits in 2025.
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Key Highlights of the New Legislation:
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100% Bonus Depreciation extended through 2030
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Section 179 deduction limit increased to $2.5 million
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Important: To take advantage of the 2025 deduction, your yacht must be placed in service within the 2025 tax year. Don’t wait, act now to ensure your vessel is in charter service before year-end.
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Secure your qualifying yacht today and turn ownership into a tax-smart investment.​
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Here are some of the reasons chartering a yacht makes financial sense for owners:
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Tax Benefits
When you place your boat into a charter boat, you’re essentially turning the boat into a business. Certain expenses can be deducted. This will also help to offset costs of ownership.
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Professional Maintenance
Whether you self-manage or you hire a professional management company, you hire a crew or an organization to manage your yacht, it’s well looked after. Maintenance is performed on time by experts. When maintenance is skipped, it can quickly add up. Regular maintenance can help keep your charter yacht profitable. The crewed charter business is a good way to make sure that your yacht is looked after every day. Ultimately, the greatest advantage is peace of mind. Your yacht will be placed under the watchful eye of experienced managers, ensuring maintenance, charters and operation is all done to protect the safety and integrity of the boat.
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Turn-Key Use
Another advantage of a charter yacht: Your yacht is ready for use year-round. That benefits you – you can fly in and set sail, whenever you please – but it’s also advantageous for potential guests. You’ll be able to accommodate last-minute charters and events.
Yachts of Possibilities
Experience
Charter Before You Buy offers a great way to get the experience you need toward the yacht you want to purchase. Whether it is a Bare Boat or a Crewed Charter, your experience on-board will help shape your future buying opportunity.
Family
Owing a yacht is a great family experience. Create unforgettable family memories aboard your yacht. Let the whole family be a part of the Charter Before You Buy experience so they can also see what the lifestyle will bring.
Charter
For those venturing into the charter business, the ability to put yourself in the position of a charter guest on your type of yacht is important. Additionally, the interaction of a crew during charter is very important to the success of a charter yacht. From elegant designs to superior functionality, knowing your yacht before you purchase sets the stage for success. Charter Before You Buy can help guide you through these decisions and experiences.
Gallery
USVI - Easy flights, Great National Parks, Good Sailing
BVI - The destination for charter fun!
Belize - Prestine destinations with Sea To Table dining
Greece - Old World meets New World, Shoreside Dining at its best!
Croatia - Great Sailing, lovely people, and Lots of Islands
With so many destinations to try, why not try them all. Each one adds it's own specialty to your chartering experience. This experience will make the boat buying process easier.
Charter Before You Buy works with boat dealers and professional charter organizations in all these locations to make sure your experience fulfills the needs toward making an informed decision. We are experienced in both Yacht Sales and in the Charter Yacht industry as brokers.