RENTING YOUR HOUSEBOAT

Renting your houseboat serves several purposes, all to your benefit.

First, your costs will all be tax deductible.  This includes your interest expense, your maintenance, marine charges, and operational costs such as insurance and advertising expense in your newspaper or on the internet.

If your aim is to gain significant charter revenue through your houseboat investment, simply rent your boat through as much of the season as is desirable for your needs.  If, on the other hand, you are looking for a tax write off, lessen your rental time so that revenues do not meet expenses.

Should you decide to frequently rent your houseboat, your investment can cover itself and repay you the initial cash output in as little as 5 years.  Rental rates vary depending on a) time of year b) desirability of houseboat location and c) size and age of houseboat and options offered aboard the houseboat.  

Please feel free to call us at 250-762-7759