Beautiful yacht arrived in Gilford.... Just stunning.... 56 foot Galeon.... Congratul

[Hillcountry]

Originally Posted by joey2665

The inside is amazing but not really a fan of the exterior style. Hope he doesn’t try to go to Naswa.


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I agree...too modernistic looking on the exterior. Wish them well though!

[fatlazyless]

Is this big boat a triple NH win or what?

Win #1 - no NH sales tax

Win #2 - no NH property tax

Win #3 - no NH registration if registered federal

The NH Galeon 560 Sky Bridge Extraordinaire ..... built in Gdansk, Poland by Galeon Yachts ...... a win, win, win, win ..... how good is that!

So, what's the price?

Win #4 - no federal luxury tax

Maybe it should be named the 'NH Tax Exempt'.

Or, better yet ....... The NH Advantage! .................................................. ................................. ho-ho ... budda-bing.
............

Only five states have no sales tax: New Hampshire, Delaware, Montana, Oregon, and Alaska.

[betterthanbacon]

Originally Posted by fatlazyless

Is this big boat a triple NH win or what?

Win #1 - no NH sales tax

Win #2 - no NH property tax

Win #3 - no NH registration if registered federal

The NH Galeon 560 Sky Bridge Extraordinaire ..... built in Gdansk, Poland by Galeon Yachts ...... a win, win, win, win ..... how good is that!

So, what's the price?

Win #4 - no federal luxury tax

Maybe it should be named the 'NH Tax Exempt'.

Or, better yet ....... The NH Advantage! .................................................. ................................. ho-ho ... budda-bing.

Lol. Seems the name fits.

[betterthanbacon]

Sounds like it should have an inflatable tender.

[fatlazyless]

Hey ...... for $259-each, on ebay, you can get an 11' long inflatable sup .... an Aqua Marina Fusion ..... which is a seriously good, doable, able to paddle, 220-lb capacity, well made sup, that weighs just 20-lbs ...... "instead of using the dinghy tonight ..... I'd rather hit the paddle sup!" ..... and a get a little work-out.


Like ...... why go dinghy ...... when you can go stand-up sup?


Just the item ..... for getting off the yacht ..... or getting onto The Dive.

[MAXUM]

Originally Posted by fatlazyless

Is this big boat a triple NH win or what?

Win #1 - no NH sales tax

Win #2 - no NH property tax

Win #3 - no NH registration if registered federal

The NH Galeon 560 Sky Bridge Extraordinaire ..... built in Gdansk, Poland by Galeon Yachts ...... a win, win, win, win ..... how good is that!

So, what's the price?

Win #4 - no federal luxury tax

Maybe it should be named the 'NH Tax Exempt'.

Or, better yet ....... The NH Advantage! .................................................. ................................. ho-ho ... budda-bing.
............

Only five states have no sales tax: New Hampshire, Delaware, Montana, Oregon, and Alaska.

Not quite FLL

Documented vessels also MUST obtain a NH registration and carry the Certificate of Registration on board. However these vessels are not required to display their registration number but must display the validation decals within two feet of the extreme forward part of the bow.

No NH doesn't tax boat purchases however like a new car purchase, there is a graduated "fee" structure on new boats that is added to the registration requiring the owner to pay a premium on the first few years of ownership so technically it's a tax by a different name. I guess the term "fee" sounds less offensive even though that's pretty much what it is.

Far as federal "luxury" tax goes.... Two years after its imposition, in August 1993, the Congress decided to eliminate the “luxury tax” since it did not achieve its main objective. Gee come to think of it who was running things in DC at that time? Hmm...….. just sayin.

[fatlazyless]

.... ok ..... so it actually pays for a NH state registration as well as a federal documentation ..... or something ... both, at the same time?

.... but .... still, no sales tax and no local property tax on this yacht ....... so's the local kindergarten class has 31 children in the same room ..... at least there's a kindergarten class .... only six states out of 50 have no sales tax

.... the 'NH Advantage!' ... an appropriate name for a 58.1' yacht that costs something like 1.5 million dollars, or more?

[MAXUM]

Originally Posted by fatlazyless

.... ok ..... so it actually pays for a NH state registration as well as a federal documentation ..... or something ... both, at the same time?

.... but .... still, no sales tax and no local property tax on this yacht ....... so's the local kindergarten class has 31 children in the same room ..... at least there's a kindergarten class .... only six states out of 50 have no sales tax

.... the 'NH Advantage!' ... an appropriate name for a 58.1' yacht that costs something like 1.5 million dollars, or more?

Federal documentation and state registration are two entirely different things and governance of them is handled separately. From the state's perspective any vessel that qualifies to be federally documented is optional or better put the state doesn't say you have to federally document it but you damn sure better have a valid NH registration.

You didn't pay attention to the part I stated far as the "sales tax" - like a new car a new boat has a graduated fee schedule so you are paying substantially more to register a new boat over the first 4 years of ownership than the base registration fee. So in this case this boat would have a base annual registration "fee" of $293.00 if it is over 4 years old, but since it is new the boat fee is $1761.40 in the first year. In year 2 of ownership that fee drops to $1174.40, year three $880.80 and year four $587.20. Therefore if the owner has this boat for 4 years since new a total of $4,403.80 is paid out in "fees" to the state. Now the state calls this a fee I call it a back door sales tax of a different name. What ever you choose to call it, buying a boat under 4 years old is not "free".

If you are dying to pay a sales tax FLL add up all the stuff you buy multiply it by say 5% and send a check to the state. Yeah that even includes the junk you get at the local thrift shop too. Don't hold back.... for me yeah I'll pass they get enough from me but I encourage you to give them as much as you want.

[fatlazyless]

NH 5% sales tax on a 1.5-mil yacht ..... is $75,000 ..... and only six out of 50 states have no sales tax.

Is NH really a state ...... or just a collection of cities and towns who all pay for their town and school with their local property tax?

[Phantom]

Hope the new owner enjoys his/her new toy ……….. can't wait to see her in the water !

[codeman671]

Originally Posted by Garcia

Best thing to do is to be a NH resident and rent rather than own. No state taxes, no sales tax, and no property tax.

Back to the original post - is the boat in the water yet? Can we expect to see it out cruising on Memorial Day weekend?

They were struggling with it today from what I am told. Not in the water as of this morning. I am sure you will see it afloat by the weekend though.

[joey2665]

Originally Posted by codeman671

They were struggling with it today from what I am told. Not in the water as of this morning. I am sure you will see it afloat by the weekend though.

What were they struggling with? Completing the ceramic coat?


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[TiltonBB]

It should be in the water in the next couple of hours.

[dippasan]

Badass!
Looks like my Formula would fit on the bow

[codeman671]

Originally Posted by joey2665

What were they struggling with? Completing the ceramic coat?


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The lift at Silver Sands wasn't big enough to handle it, they had to get cranes to come up to move it as pictured by others above.

[TiltonBB]

It was always planned to use two cranes to put it in but on Friday the scheduled crane company backed out. A last minute replacement for the Monday lift was located and he was able to do it with one 100 ton crane.

The travel lift at Silver Sands may have the weight capacity but the length of the boat and the 16 foot beam made it impossible to do it that way.

[fatlazyless]

If they had read the thread here about noodles, they would have known that big boat could easily get rolled off the trailer and into the water, there, using about 34 foam noodles, the big monster 4" dense foam ones, one noodle for every two feet of boat.

No scratches with noodles ..... a rolling noodle move! ...... plus you get to keep the noodles for the next time ..... unlike a rental crane which goes away.

[TiltonBB]

Originally Posted by fatlazyless

If they had read the thread here about noodles, they would have known that big boat could easily get rolled off the trailer and into the water, there, using about 34 foam noodles, the big monster 4" dense foam ones, one noodle for every two feet of boat.

No scratches with noodles ..... a rolling noodle move! ...... plus you get to keep the noodles for the next time ..... unlike a rental crane which goes away.

Is there a family member we could call to look in on you? Make sure you are taking your medications? Just checking.

[salty dog]

It really is a good looking ultra-modern design. Certainly not too shabby a way to spend the day on the lake! Here's a quick look for anyone who hasn't checked it out yet...

https://www.youtube.com/watch?v=gjlyiMfY4_k

[eillac@dow]

So I clearly do not know nothing more than the pics I am looking at....and also reading/skimming some of the messages......so my question is...the Captain....is he always inside? Is there no “cockpit” above to charter it?” What did I miss? Or is it, because it is so big...you just hire a captain and you, the owner enjoy your time outside?

But if that is the case...what size space outside are we talking about...other that the bow?

My questions are really just curiousity driven. While I would love to own a beautiful boat...certainly nothing like this...I would prefer to have that home on an island/or lake front....which the owner probably does....but how much time is really be spent enjoying both?

Please appease me with your thoughts. In the meantime, I will think about packing my duffle bag for a weekend away!

Happy Boating Everyone,

[TiltonBB]

It has two stations to operate the boat from. One outside on the flybridge and one inside. The seating was removed for transport. This will be owner operated. not piloted by a Captain. I doubt it will ever be chartered.

[eillac@dow]

Originally Posted by TiltonBB

It has two stations to operate the boat from. One outside on the flybridge and one inside. The seating was removed for transport.

I guess I missed that. Can it be seen from the photos shared?

Thanks for responding...just felt bad for the “Skipper”