Tax deductions
The taxes and the interest are deductible. The appreciation is also not figured into your calculations. I own a slip at MVYC, although I don't use it and rent it out now, I do not plan to sell it.
I bought it in 1996 and it is worth more than double what I paid for it.
In addition to theappreciation and tax deductions you will have the security of knowing where your boat will be every year and you will have some influence about how your yacht club is run.
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