If you want to purchase a catamaran to put into charter and offset some of the cost of ownership – consider working with Sail Away Catamarans. We offer charter management programs in all of our fleet destinations. You may even want to consider moving your boat between fleets to “follow the sun” and maximize charters. This also allows you to experience these beautiful locations with your own yacht. You can use your boat as much as you like!
Sail Away utilizes your yacht to conduct charters that meet your desires. You can choose to put your vessel in bareboat charter (we only charter it out to qualified boaters) or strictly for captained / crewed charters. We can do sunset sails, corporate events, ASA sailing lessons, or even do blue water sailing courses. The way in which your yacht is chartered is up to you!
In brief, the revenue on each charter is split between Sail Away and the owner of the yacht (percentages vary depending on location). We manage websites and advertising, book your boat for charter, handle accounting, collect and report sales tax, and managing the schedule. We have people on-site at each base that meet with customers for briefings, clean the boat before and after charter, and organize any maintenance needs. You as the owner handle typical expenses involved with yacht ownership (dockage, insurance, and maintenance expenses).
By using your boat as a business, you can take full advantage of any tax benefits. Let us put you in touch with our tax advisors who can explain the details.