Good advice...thanks! Well, I have decided to overwinter in the water
. I pulled the jib
and have the main and mizzen coming down this weekend. Then comes the task of winterizing the systems. I had to change my insurance
...Markel to Boat US. Markel requires out of water or south of Cape May by 1 Dec. Boat US covers either....I did find out that there may be a penalty for changing carriers mid-policy....still trying to find out if I am going to have to give up part of my premium that I just paid a couple of weeks ago.
As far as the taxes
go....Well....the DOR (Dept of Revenue) requires ALL marinas
to report boats that are not registered in Ct. The DOR also walks the docks checking boats. There is a 60 day time limit....not consecutive, but TOTAL time in state before they tax you if you haven't paid any taxes. They also require a state registeration....despite whether you are US documented or not. There is a "grace period" between Oct and Apr if you are on the hard
...so that may be the saving grace for some. There is no taxation for being laid up on the hard during winter months....butr be gone soon after, which I will be. My intention is not to stay in Ct waters.
Hope this little bit of info helps out some of you. Please feel free to post back if you want more info on the insurance
stuff or the DOR. I did a lot of research
on this and can talk semi-smart about it.