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batman forever · 10-10-2005, 06:27 PM

Want my 2 cents? No? Well here it is anyway. The boat is the way to go if you buy right and can handle some of the maintenance yourself. I purchased my slip in 1991 and have seen it increase in value 5 times it's original cost. My taxes have gone up a few times but are still under $1000. My total expenses for the boat work out to about $4000 per yr including slip taxes, club dues, gas, launches and haul outs and Spring outfitting. I've enjoyed seeing my kids grow up on the most beautiful lake in the world, I still haven't run out of places to explore and I own an older 36' cruiser. If you buy a good used boat like we did your initial investment is manageable and the depreciation won't kill you. Interest is deductible because it's a second home and everywhere you go, your house comes to. You just need to get used to living 3' from your neighbor. My second choice would be a condo but NH property taxes scare the hell out of me. Hope this helps. OLD BOATS RULE.

10-10-2005, 06:27 PM	#25
batman forever Junior Member Join Date: Oct 2005 Posts: 6 Thanks: 0 Thanked 0 Times in 0 Posts	House vs. condo vs.boat Want my 2 cents? No? Well here it is anyway. The boat is the way to go if you buy right and can handle some of the maintenance yourself. I purchased my slip in 1991 and have seen it increase in value 5 times it's original cost. My taxes have gone up a few times but are still under $1000. My total expenses for the boat work out to about $4000 per yr including slip taxes, club dues, gas, launches and haul outs and Spring outfitting. I've enjoyed seeing my kids grow up on the most beautiful lake in the world, I still haven't run out of places to explore and I own an older 36' cruiser. If you buy a good used boat like we did your initial investment is manageable and the depreciation won't kill you. Interest is deductible because it's a second home and everywhere you go, your house comes to. You just need to get used to living 3' from your neighbor. My second choice would be a condo but NH property taxes scare the hell out of me. Hope this helps. OLD BOATS RULE.