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hi


You are replying to:
gimo
Posted 12/8/2007 5:03 AM (#288127 - in reply to #288049)
Subject: RE: Boat Financing




Posts: 342


Location: Passaic, NJ - Upper French River, ON
Why go 30 yrs on a boat ? Because it becomes a "second home " - you can usually prepay the loan, and the interest and registration fees are write offs.

"Living on a boat isn't required, though. All that's needed is a sleeping platform, toilet and cooking facilities, and some indication that the owner stays overnight on the boat at least 14 days a year, according to Internal Revenue Service regulations..."

The big problems are - does a flat screen work in direct sunlight for watching football games, and I can't find a boat that would have these features and you'd still be able to fig 8 out of ?

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