Make your vacation home a boat
If vessel qualifies, setup affords tax benefits
By Tom Kelly, Wednesday, August 13, 2008.It seems boat traffic has slowed this summer on local lakes. Higher fuel costs clearly are pinching the busiest leisure time of the year.
However, a significant blow to the masses is not even a light tap to the rich. Astonishingly, it could not be a better time to be a builder of large yachts. A recent report indicates the number of mega-yachts is not only on the rise, but that shipbuilders around the world are having difficulty employing enough workers to meet the demand.
more...Copyright 2008 Tom Kelly
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