Bay Yacht Agency Annapolis MD
Bay Yacht Agency
info@bayacht.com 410-263-2311		 Information Request
Confidential
Get all of the latest news here (Our Newsletter).

Get more information on Boat as a business here.

  • A business plan and white papers by email.
  • Live Seminars.
  • Join a pre-scheduled or custom webinar.

Log in and submit some basic information to get more information and sample business plans about our Boat-As-A-Business program (BAB) or as a preliminary to attending a live or on-line seminar. At the bottom of the confirmation page, click on the link to Ab11115--which has:

You will get: Package Pricing as well as an 8 page business plan for many sample boats. You will also get:

4 white papers:

  • An overall review of our program and how your boat is managed
  • The difference between a "Charter company program" and our Boat-As-A-Business program (BAB)
  • Why have a home based business?
  • A simple explanation of the tax advantages

Please Fill out all of the information, including the boxes, and we'll send a custom, summary business plan based on the specific information submitted--and access to the white papers, including a bonus paper, "A guide for tax advisors".

 

Skip further explanation? go to form Or, Scroll down for more choices

Complete all of the information as in (2), and submit a financial application and we'll offer a complete, 24 page business plan with a month by month and year by year break down. In addition, we'll provide access to a confidential page to help you and your tax advisor understand how this program can qualify you for all available tax advantages. This paper has helped answer many of the most asked and misunderstood issues that tax advisors face. It helps them to help you.

So, only fill out the financial application if you're ready for (3). Call us if you have questions: 410-263-2311

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Calculate your tax bracket...

Tax Calculator

 

Not sure of your tax bracket? Tax Calculator here--What bracket am I in, anyway-- this will take you off of our site so just close the page when you're done and come back here (Be sure to add State tax to your bracket--if not sure? 3-5% NOTE: Make a note of your Marginal and Average tax bracket for the form.

If you simply want a sample, summary business plan--you don't need to send in the financing application yet. Review your 3 choices above.

Generally, you should add your state tax bracket to Federal. Don't know state? Click here

The following states have differing laws for Section 179 deductions--check your state.

  • Alaska

  • District of Columbia

  • Georgia

  • Hawaii

  • Indiana

  • Kentucky

  • Maine

  • Maryland

  • New Hampshire

  • Pennsylvania

  • Rhode Island

  • Wisconsin

At this point, neither of us knows if this program is right for you. But, if you would like a free consultation so that we can exchange information in order to create a business plan specifically for you, Please fill out this form... Be sure to tell us the most likely boat/size, your estimated tax bracket, and down-payment and an approximate time frame for when you want a boat and tax advantages! Want to attend a seminar in Annapolis? Go instead to our seminar page: Click here.

Get your tax advantages up front, here's planning help:

top! Get it back now. 2 tricks:

1. Figure out how much of your payment will be interest each year--in advance. Click here then look at year by year results. Then...

 2. Go to the IRS Withholding calculator. Click here. Adjust your withholding with the known extra interest deduction.

Using our Boat as a business™ plan, I used the Withholding calculator above. On page 3 (of 5--quite simple) I entered the amount of tax deductions after offsetting income in "Other Misc. Deductions" and got the following summary.

Summary from IRS calculator

Based on the information you previously entered, your anticipated income tax for 2011 is $9,489 If you do not change your current withholding arrangement, you will have $51,000 withheld for 2011, resulting in an overpayment of $41,511 when you file your return. If you want your withholding to more closely match your anticipated tax, adjust your withholding on a new Form W-4 as follows:

  • For the only job you entered (which has a projected salary of $200,000): 41 allowances.

  • Check the “Married” box on your Form W-4.

Assuming these recommended allowance(s) are in effect for the rest of 2011, your expected refund should be about $125. Following this recommendation will ensure that the amount withheld from your wages will cover all of your projected tax liability while minimizing your refund.

In our summary business plan and/or seminar we will show you exactly what to expect in tax advantages and you can then use the calculator to adjust your taxes--exactly! We make it easy and have a knowledgeable CPA available for additional help as needed.

Get more information at: www.bayacht.com/invest.htm or learn about our live or on-line seminars at www.bayacht.com/seminar.htm

 

  

Information request
 (You must supply the information preceded by "*")

You will be asked for your marginal tax bracket--we arbitrarily use 38%. If you want to calculate it: Calculate your tax bracket with this handy calculator.

When you submit the form, click on the link at the bottom of the confirmation to go right to where you can download business plans and sample inventory lists..

Form Send me more information about your plan. After you do this--sign up for our seminar here. Please review the information on the left column (scroll down) for a better understanding of some of the questions.

(You must supply the information preceded by "*" Also, info: for most complete response ) in order for the form to work. Please answer the questions below the contact info as completely as possible so that I can reply with the most useful information possible.

 

FORM:

E-mail address (*)
First Name (*)
Nick Name 
Last Name (*) 
How do you prefer to be addressed:
Spouse/Partner
Address 1 
Address 2 
City  
State Zip  (Use NA if not applicable)
Country:
Primary Phone: (*):  Work # if possible
(CONTACT) 
Preferred Phone listed above (*):
Other Phone:  
Other phone is:
FAX  
How did you hear about us?

Time Frame--vital if you're serious! 

I would like to have my  boat cruising within (timeframe):
(NOTE: If you check this box appropriately, we will be able to spend more time and send more complete information to you.)
Own When? (*)
Please check the timeframe if you want a boat this season.

Budget? (*)  Make your best estimate. You will need to have 10-20% of this amt in liquid funds to qualify for typical financing--normally 20%, but lesser amounts are possible.

Downpayment?  Normally 10-20% required--what initial investment do you want to make? (List amount or %)

SZ or Range:

 

MF
*Type

U.S. Citizen? Yes/No Pay U.S. Taxes? Yes/No

Est. Tax Bkt: Combined Fed State--typically 25-38% Not sure? Calculate your tax bracket with this handy calculator. or just use a percent between 25 and 38%.

How big of a first year tax deduction would you like to show? You can have anything from $0 to 100% of the boat's cost. Enter the amount here: $ or %?

 

On-line Skype seminar...

My Skype address:

 

BOAT AS A BUSINESS PRIORITIES...

Info needed:

What I want to do-Primary interest Choose only the most important:

What I want to do, choose all that apply? (Click on each item with Ctrl key pressed)

Primary base you anticipate keeping the boat:

Only if you plan to follow the sun, enter Secondary base:

What is the main thing that is stopping you from acting right now?

What exit strategy is most likely?

Do you remember talking to anyone at our office?

Confidentiality statement--by submitting you agree...

 

 Call me, to discuss this further, or to arrange a custom one-on-one appointment.

Enter your comments in the space provided below:

 
 

Submit the form
Thanks, now submit the form and click on the link at the bottom of the confirmation to go right to where you can download business plans and sample inventory lists..

If you get a message that you didn't fill out a required field, simply hit your BACK button, and return to this page and you only need fill out what was missed.


When you ubmit the form, just click on the link at the bottom of the confirmation to go right to where you can download business plans and sample inventory lists..

 

 

 
 

Helpful links here...
Practical information gleaned from experienced cruisers, owners, charterers, captains, designers and builders

Choosing a offshore/liveaboard monohull.

Choosing a offshore/liveaboard catamaran.

See all of our latest news and product information at our newsletter, BayViews.

Learn about how to set your boat up--any of the products below, for income and tax advantages. Boat-As-A-Business information here.

Products: Jeanneau (Sail & Power), Fountaine Pajot (Sail & Power), Selene Trawlers, Floating homes. See all of the boats here.
About Bay Yacht Agency
In Annapolis since 1972, still owned and operated by the founder, Eric Smith. We're located on the harbor, in the U.S. Sailing capital, Annapolis. We have helped 1,000's of owners customize their boat to meet their specific requirements. We offer full yard and commissioning services, Sailing courses and charters, financing, insurance and complete services in every category.
 
Visit our capable and knowledgeable professionals at our office On the Harbor, 2nd and Spa Creek (next to the Chart House Restaurant, in the Yacht Haven Marina.)
Email: info@bayacht.com Phone 410-263-2311.
HOURS: Mon-Fri.: 9:00 to 5:00 Sat.: 10:00-4:00 Other times by appointment.
To meet us any time, including outside of the hours shown, please give us a call at our office anytime.

Bay Yacht Agency, Annapolis office

Physical Location: Second and Spa Creek, Annapolis MD  "On the Harbor, Annapolis since 1972"

Bay Yacht Agency 326 First St. P.O. Box 4995, Annapolis, MD 21403 How to get here. Driving directions and more. Email: info@bayacht.com Phone 410-263-2311.