Dream Yacht Sales Performance Program Explained
In contrast to the carefree security of our Guaranteed Income Program, Dream Yacht Charter also offers a more flexible “Performance Program”. With this option, owners have complete freedom to choose their yacht model, floorplan layout, onboard equipment and base location. The owner and Dream Yacht Charter work together in the marketing and operation of the yacht with the owner receiving 65% of the charter revenue. Operating costs such as; insurance, dockage and maintenance are paid from the owners share of revenue. Many sailors find this to be an ideal arrangement, particularly those who aren’t able use a privately owned boat enough to justify the cost. Some yachts can cover an entire year of operating expenses with just 14-18 weeks of charter revenue annually. Leaving the rest of the year for either owner use time or additional charter activity which can generate positive equity.
May Qualify for US Tax Incentives
Performance Program owners may also qualify to further reduce the cost of yacht ownership through legal US tax incentives. It starts with a properly structured business plan with the new yacht as the primary capital asset necessary to operate a charter business and can be depreciated to suit the business owner’s goals. Recent changes to the tax code now allow deductions of up to $1,000,000. Since every owner’s situation is different, we always suggest consulting a CPA to analyze your specific circumstances and advise the best strategy to achieve the maximum savings allowed by law. Dream Yacht Charter can introduce you to an experienced CPA advisor and will stand ready to assist in the operation of your new yacht charter business. Whatever your objectives, Dream Yacht Charter has the most diverse selection of yacht brands and charter base locations to suit your preferences. Contact us today to receive a free initial evaluation and customized proposal. Review boats we have available now that may bring you 2019 US tax incentives.
The Proven Dream Yacht Charter Advantage
With our knowledgeable sales team, brokers and over 50 global destinations and access to economic models which improves yacht occupancy Dream Yacht Charter has proven to provide the infrastructure that allows our owners in the Performance Program to take advantage of US tax incentives. Over the last 5+ years 100s of owners have been able to take advantage of this program. This has been confirmed by IRS tax audits. To best understand all US tax incentives we recommend you discuss all your options with a tax advisor.
World-wide Sailing Opportunities
Our performance owners besides receiving unlimited cruising on their own boats have the special advantage to sail the world with a 50% discount. They are able to sail at this discounted rate for up to 2 weeks at any of our global destinations. No other charter company can provide the same global sailing opportunities that we can!
What our owners say
“My research showed a significant number of charter management companies operating in the Carribean. It also revealed that the majority of these companies were either limited in the number of regions that they served, the choice of boat manufacturer and type, and/or the number of ownership programs available to boat owners. Discussions with other individuals that had previously chartered with each of the 3 finalist charter management companies convinced my spouse and I that DYC was the most fitting choice to manage our new boat and personal charters.”
Mark, Performance Program Owner