Originally Posted by Gi-Lo
No Problem at all, thanks for your contribution...... just in regard to your answer..... if it meant the difference between owning or not..... would that change your view??
Ya know, everybody's different. I, personally, wouldn't do it, I'd rather have a less fancy boat nearby that I could sail when I wanted to go sailing, not have to check when I wake up and see it's a fine day, then have to ask the charter guys if it's being used then; and new or "modern" or big & fancy isn't really important to me. But it is, to some people, and you are the only one who can say if the compromises you'd be making would be tolerable to you.
Having said that, I also am not an Australian citizen, therefore have different tax status than you. What Factor wrote indicates there may be some situations where it might be advantageous to you to join such a program, in spite of what I think of as serious drawbacks.