Whether you do it yourself or leave it to the pros: routine maintenance is essential to keep your rig in tip-top shape. Take care of the boat, trailer, and engine and the chances of a problem occurring on the water or the road will be minimized. Here's what you need to know.

Offsetting the costs of sailing yacht ownership with charter income and tax advantages makes sense for most buyers. Whether you plan to charter your monohull or catamaran and go cruising after a few years, or want to own a yacht and need someone to manage it in your absence. It makes sense to make your asset pay for at least some of its carrying costs.

The U.S. Coast Guard Seventh District Headquarters based in Miami in charge of regulatory enforcement in and around Florida, closely monitors the adherence of boat operators to USCG regulations. To allow our yacht owners and clients to fulfill all Coast Guard requirements, we explain the bareboat charter regulations.

Yacht and small boat charter operations in the United States, are required to follow the strict rules of several regulatory agencies. According to the U.S. Coast Guard Passenger For Hire & Charter Vessel Operations regulations, U.S. Flagged Vessels can act in the following capacities as crewed charter.

We found that for most yacht owners, this is the best avenue to acquire the cruising yacht of their dreams at a huge discount. Use the yacht charter revenue together with the business tax deductions to reduce the costs of owning a sailing yacht.