{"id":225626,"date":"2023-11-03T20:56:48","date_gmt":"2023-11-03T20:56:48","guid":{"rendered":"https:\/\/www.markperlbergcpa.com\/?p=225626"},"modified":"2023-11-03T20:57:45","modified_gmt":"2023-11-03T20:57:45","slug":"how-boat-owners-can-leave-taxes-in-their-wake","status":"publish","type":"post","link":"https:\/\/prosperlcpa.com\/blog\/2023\/11\/how-boat-owners-can-leave-taxes-in-their-wake\/","title":{"rendered":"How Boat Owners Can Leave Taxes in Their Wake!"},"content":{"rendered":"<p>It\u2019s best to plan your tax strategy even <strong>before<\/strong> purchasing a boat by deciding on how to handle the sales tax on this high-end purchase. Some states have yearly\u00a0<a href=\"https:\/\/www.marlinmag.com\/story\/boats\/property-tax-on-sport-fishing-boats\/\" target=\"_blank\" rel=\"noopener\"><strong>property taxes<\/strong><\/a>\u00a0on boats that may be more costly than sales and use taxes over the years. You need to think about:<\/p>\n<ul>\n<li>Business Commuting deduction<\/li>\n<li>Can you take a primary or secondary home deduction?<\/li>\n<li>Should You Put Your Boat in an LLC?<\/li>\n<li>179 deduction<\/li>\n<li>Should you consider an offshore closing at purchase?<\/li>\n<\/ul>\n<p>Our thoughtful expertise can guide you through the murky waters of tax planning. We welcome you to take advantage of a free discovery session by visiting <a href=\"https:\/\/calendly.com\/d\/46r-49m-93k\/10-minute-intro-call\" target=\"_blank\" rel=\"noopener\">New Client Application<\/a>\u00a0or\u00a0<a href=\"https:\/\/calendly.com\/d\/46r-49m-93k\/10-minute-intro-call\" target=\"_blank\" rel=\"noopener\">https:\/\/calendly.com\/d\/46r-49m-93k\/10-minute-intro-call<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s best to plan your tax strategy even before purchasing a boat by deciding on how to handle the sales tax on this high-end purchase. Some states have yearly\u00a0property taxes\u00a0on boats that may be more costly than sales and use taxes over the years. You need to think about: Business Commuting deduction Can you take a primary or secondary home deduction? Should You Put Your Boat in an LLC? 179&#8230; <a class=\"more-link\" href=\"https:\/\/prosperlcpa.com\/blog\/2023\/11\/how-boat-owners-can-leave-taxes-in-their-wake\/\">Read More<a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[],"class_list":{"0":"post-225626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"entry"},"_links":{"self":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/posts\/225626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/comments?post=225626"}],"version-history":[{"count":0,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/posts\/225626\/revisions"}],"wp:attachment":[{"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/media?parent=225626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/categories?post=225626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosperlcpa.com\/blog\/wp-json\/wp\/v2\/tags?post=225626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}