Eric Smith started Bay Yacht Agency in 1972 and since
that time has sold over 1800 boats while placing over 670
into our management plan. At any given time, there are over
100 boats active with the various management companies on
the East Coast and in the Caribbean.
Bay Yacht Agencies unique Boat-As-A-Business program offers the least expensive way to own a boat if you are in a combined Federal/State tax bracket of over 28% or so. This plan gets you a boat for less cost thatn buying a used boat, a time share program or a fractional ownership program. We can show you how you can:
Use your boat as much as you want, whenever you want
Own a new boat, equipped the way you want it with virtually no out of pocket costs.
The combination of income and tax advantages can cover 70-100% of your total expenses in any given year.
Unique provisions in U.S. law virtually eliminate liability and make this the safest business opportunity you can participate in.
Keep the boat wherever you want, even at your home marina--and still earn income and tax advantages.
Follow the sun! Use your boat on the East Coast, or your favorite location summers, and take it south winters. (Of course we also have Bahama and Caribbean locations for those who want to be in the south year round.)
Have your boat professionally maintained to the highest private owner standards. Our boats are generally maintained to a higher standard than most private owned boats.
We will explain financing, cash flows, tax advantages in detail (no one else does!), exit strategies and more.
This is not a charter company program where you end up owning an unpopular boat laid out exclusively for charter that has not been maintained to your high standard. In fact, the number one concern of our clients before they learned more was what condition would the boat be in after 2, 3, 5 years? Over 670 found that this plan works for them.
We offer a host of products for inclusion in our Boat-As-A-Business program or for private ownership. These include power and sail, monohull and catamarans, and hybrid houseboats.
Our story is told by the satisfied clients that have come
to trust and rely on the experience and knowledge of Bay Yacht
Agency tenure in the industry. See what our customers say: .