Knownas “yachties,” the crewmembers live, love and work together on board the luxurious, privately owned yacht, while tending to the ever-changing needs of their wealthy, demanding clients. Each episode features different charter guests — from …
The Ending Taxpayer Subsidies for Yachts Act would amend a tax provision that allows luxury yacht owners to use the mortgage interest deduction to write off their luxury cruisers as second homes. Taxpayers are allowed to deduct mortgage interest for up …