Hi Everyone! I'm wondering if anyone has thought about or is currently signed up for a fractional sailing program. Does it work? What do you like/dislike?

Hi Zac,

Good question - - I'm not currently in such a program, but I have looked into a couple of these programs. There are a couple of different versions. Version "A" you actually fractionally own the yacht and are capable of deducting the mortgage interest and depreciation against operating expenses. Version "B" functions like a time share where you don't actually own the boat, but you have guaranteed blocks of time on the boat.

From my view point, I sort of like the idea of having access to several different boats in several different areas, but I'm still doing homework, so I'm interested in other answers that get posted to this question.

Cheers,

Randy