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Old 06-03-2018, 11:39 AM   #36
OldDan1943
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City: Aventura FL
Vessel Name: Kinja
Vessel Model: American Tug 34 #116 2008
Join Date: Oct 2017
Posts: 10,595
Quote:
Originally Posted by schrater View Post
Getting back to the original questions...I agree with others to set your price range first, then find the best you can there. It all depends on your needs, but I’ve enjoyed getting a bit more space and features by sacrificing age. And contrary to many, I love the exterior teak, no matter the work.
There are plenty of ways to get loans and insurance for older boats. Check out LightStream. Check out GEICO. I don’t think you’ll be able to deduct the interest though.
Teak; I learned my lesson with my Nordhavn, no thank you.

Interest on a boat loan? Check with your CPA or tax preparer. Generally speaking, if you fulfill the requirements for a second home, you can deduct the interest.
Galley, (fridge, stove, sink, running water), separate head and shower, sleeping quarters, for a start.
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