I spoke with the tax folks in MD. The repair exclusion is only if you are not using the boat at all, just working on it. So that blows me out there. Had I known I would have tried harder to find a slip in Delaware. I am still looking... if I could find one cheaper than the 4250 bucks I'm going to have to pay MD, I would just move it and eat the slip fees
I've already paid for the year. or move it back and forth. I though I could also get the military clause exclusion for one year but that only applies if you are stationed in the state of Md. I had a girlfriend once named Maryln, she was very pretty but also very hard to get along with.