We bought our first boat, an Erickson 30, from a dealer in California
as part of a charter
package - we bought the boat and turned it over to the charter
company next door to the dealer. That turned out to be a good business deal since all the loan payments and maintenance
and operating costs were tax deductible as business expenses. We saved enough in taxes
to nearly cover the loan payments.
That lasted about a year until one of the charter company screened and "qualified" skippers ran the boat into the rocks of the breakwater and bent the keel
. Fortunately the insurance
covered the cost of the keel
and the charter company covered the deductible but I was not happy to have my boat damaged like that. After repairs
were completed we withdrew from the charter plan, paid off the loan, and enjoyed the boat for 18 more years before finally selling it.
As far as bareboat
charter of our current
boat, NO WAY. Mostly because it is our home and we would have no place to live during the period of the charter. Secondarily because most of our few remaining possessions are on board where we don't want them rifled by some stranger off the dock