Bay Yacht Agency Annapolis MD

Confidential

 "This is a whole new way of thinking about boat ownership. You can own a brand new boat for
less than the cost of a used boat, less than the cost of a "Owning sailing time with a, fractional ownership plan", even for less than the cost of chartering". Get the facts and then you decide...

Employment About   Contact

INDEX:

Bonus papers Click here. Especially look at 1 & 4 or 5

1. The Business plans
2. Getting more information
3. Why us?

Upcoming seminars, being scheduled. Skype On-line and one-on-one phone or office meetings available now! Seminar Information and sign up here.

Request more information

Bonus Papers
There are huge tax advantages available this year and next if you act now! Call 410-263-2311  See the plans now! Click HERE! Seminars here.
5 Bonuses: important links that you might want to review:
1. An overall review of our program in some detail. Click here. Includes how your boat is managed, what's included and much more.
2. The difference between a charter company plan
and a management plan like BAB.  Click here.
3. Why have a home based business? Click here.
4. Summary of the tax advantages available currently Click here.
5. To get the confidential tax information which is suitable for your financial advisor or CPA-Fill out our confidentiality form Click here.

Use the drop down menus above to visit key parts of our web site.

Download the

 Finance application here:

Contact BYA live...

1-800-YACHT20

A look at some simple, sample business plans. See the plans now! Click HERE! OR READ AND SCROLL DOWN

Bay Yacht Agency seminarThere are huge tax advantages available this year if you act now! Our information includes incorporating the new, 2009 tax incentives. Call 410-263-2311

I was reminded of what the wealthy know, as I took the water-taxi across to the boat show from our office during the sailboat show, recently.  They had hailports like "Cayman Islands", "Panama", etc.
 
Do you think these guys are paying the same rate of taxes that we are? Or, do you think they simply know something you don't? They know a secret, and, armed with this secret information, you too can enjoy the same advantages that they enjoy. You can convert taxes you would normally pay, into equity!
 
Our plan is called Boat-As-A-Business™ and it offers an alternative approach to boat ownership and investing. It's not a tax shelter. It's not a Charter company program. It's not "to good to be true".
 
I like to say that you're already paying for a new boat, you just don't have it! You're paying taxes that could be redirected to earning equity in a boat. You'll be paying by having on-going expenses while your boat sits at the dock when you're not using it.
 
You're spending your time servicing and fixing when you could be cruising. Learn about the alternative--the least expensive way to own while you build equity--it's all in our business plans and described more fully in the white papers that you will find here.
The secret... A discussion in general--click here.
Free seminars, get the information, schedule and sign up for after the show. Click here.

Business plans

These business plans are designed to give you an overview. The numbers are averaged over 5 years--though this is no magic number. You may stay in our program as long as you like.

If you haven't attended a seminar, or talked one-on-one with one of our associates, I urge you to look at the white papers to the left to understand our program overall, and to understand the difference between a charter company plan and a management plan.

The business plans follow --they will give you a good idea of cash flow, tax advantages and how the program can work for you. To get a customized business plan, based on your particular circumstances, please go to the form using the #5 link to the left.

If you don't like such detailed information and just want a simple explanation, call me at 410-263-2311

Please scroll down or click below...

Eric Smith,  President

The Business plans

Seminar Information and sign up here.

Bonus papers, left,  Click here.

Getting more information--Fill out our form.

Finance Application. (Left) To get the most complete information, fill this out and send it in along with the form above.

Tax Calculator

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

 

Summary Plans--Form for custom plans here.

The simple business plans.

The tables show cash flow examples (expense and income) based on differing amounts of personal use, and based on your choice of boat and area.

The numbers are averaged over 5 years, though you may stay in the program for a longer or shorter term. I urge you to read: An overall review of our program in some detail  for a more thorough discussion.

The maximum possible East Coast chartering is about 13 weeks. In the Islands, from about 20-29 weeks is possible and with follow the sun--about 15 weeks.

Below the boat description, you can click the link to download a sample proforma (list of recommended equipment with package price), and a complete option list of factory and local equipment (Additional customizing is possible).

The program that's right for you depends on many factors, and most importantly on your personal goals. Please consult with our associates, form below, to discuss your needs and get a specific price quote. Whenever you feel ready, you may go to the next step to get a custom, detailed business plan, and consult with a professional tax advisor knowledgeable about this subject.

Want a custom, summary business plan? Fill out the mini-form below...

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

Free Seminars, Sail and Power, in Annapolis, or by phone or on-line sign up here... To do an On-line Seminar--GO HERE. Multiple Dates available also.

Information Request
BAB (Boat-As-A-Business) Get more detailed information

 E-mail:

First/Last: 

  Phone:  

Boat:
        Size:   

Tell us more about your boat interest:   

  Timing:

DownPayment    (% or Amt.--Typically 10-20% down req.)

Tax Bracket % Combined Fed/State! generally 20-40% on average. 38% typical. Calculate your tax bracket with this handy calculator.

 How much of your income do you want to offset in the first year? (How big a tax deduction?) You can qualify for up to 50% bonus depreciation and $250,000 in 179 expense allowance. You could enter $25,000, 100,000 up to $387,500 on a $500,000 boat -- conservatively, a rule of thumb would be to enter up to 60% of the boats price as a maximum number--if you think that you can use that much. It's also o.k. to enter $0 and simply spread your deductions out more evenly. If you're not sure, put 0%

% of boats price.

Would you like to schedule a phone appointment? Time: Date:

 

 


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1. The business plans-scroll down for all

These are samples of some business plans we have sent out recently. (Your actual numbers and prices may vary). I'm just giving you an idea of what's possible with a few selected samples. The final business plans prepared custom for you are much more detailed and include substantial support information. These are meant to give you a guide line as to whether this approach is for you or not.

New and used boats are available but talk to us first! Financing with from 10-20% down. up to 20 years.

If you want more detailed, specific information using your specific tax bracket and individual circumstances, including an individual list of equipment for the boat of interest and a complete option list for that boat-- Fill out our Request for information: Go here.

Sail: (Models available from 35-65')

See all the boats information at this link. Slide shows, specs, polars and more.

For a custom, summary plan--enter info in form to the left.

Proforma (list of equipment) and complete option list-Click Links below beneath description.

Other boats and custom projections available: 410-263-2311

Monohull Jeanneau 36
Click left  
 
Monohull Jeanneau 39DS
Click left  
Monohull Jeanneau 42DS
Click left  
 
Monohull Jeanneau 44i
Click left
Monohull Jeanneau 45DS
Click left  
Monohull Jeanneau 49i
Click left  
 
Monohull Jeanneau 50DS
Click left  
Monohull Jeanneau 53DS
Click left  
Fountaine Pajot Catamaran 36
Click left  
 
Fountaine Pajot Catamaran 41
Click left  
 
Fountaine Pajot Catamaran 44
Click left  
Fountaine Pajot Catamaran 48
Click left  

For Houseboats, or power boats--please call.

Call for boats not yet shown 410-263-2311

Power: (Models available from 35-60')

35' Fountaine Pajot Power Cat
  40' Fountaine Pajot Power Cat
  46' Fountaine Pajot Power Cat
  46' Jeanneau Monohull
  40' Selene Trawler
  53' Selene Trawler
  42' Aqua Lodge  (LGC Cottage)
  55' Harbor Home Basic

Other Po HouseBoats as your Floating Home
  42' Aqua Lodge  (LGC Cottage)
  55' Harbor Home Basic, Plus Freight or delivery

See all of the new boats here: New Boat Section to see the boats.

All information subject to change at anytime without notice. You are urged to go to the next step (following) and get prepared to talk with a tax advisor before making any final decision.

Return to Index  Request more information

 Testimonials

 

Ready to do something this year?

Getting more information.

If you want more detailed, specific information using your specific tax bracket and individual circumstances, including an individual list of equipment for the boat of interest and a complete option list for that boat--instead of this form, Go here.

410-263-2311 or 1-800-YACHT20

Services--Call an associate or....

 

Call or email Eric 410-263-2311 esmith@bayacht.com

Eric is the president and founder of MMA, Inc. T/A Bay Yacht Agency. He started offering his clients information on setting up their boat as a business back in the 70's and since, has helped almost 600 people successfully set up their own boat business. Eric has created extensive documentation as a result of talking to 100's of clients and their CPA's over the last several years. He is happy to share some of what he has learned with you, but he has also set up a network of experienced resources including a CPA

Return to Index  Request more information

Safety?

At the end of the day, we want you and your family to be safe. Not only are free lessons at any level a part of your package, but...

Safety? Keep everyone in the cockpit while handling sails. New radios and cell phone amplifiers offer much better communication when needed. Modern chart plotters let you know exactly where you are in fair weather or foul, and as a bonus display: Radar (collision avoidance), a video camera that sees beyond your overlapping headsail and complete weather so you can seek a safe harbor well before bad weather arrives. Automatic, engine room fire extinguishing system... We're finding these options on more and more of our new boats.

We are huge advocates of safety. We offer  courses to help you practice docking, and we also offer courses to take you to any level of proficiency that you desire.

Here's how to choose a sailing catamaran.

How to choose a serious cruising monohull.

See the plans now! Click HERE!

2. The next step

Get started...

It's as easy as 1,2,3! 

1. Fill out the form and a finance application as a preliminary step...

2. We'll get financing approved and using this information, create a custom business plan. We'll review the options for equipping your boat and discuss options for where to keep it, Following the Sun, etc. We'll answer all of your, or your financial advisors questions and get you comfortable.

3. We take it from there. We'll order the boat, help you set up an LLC or other business format, and provide you all of the documentation including the management agreement, log sheets and everything else you need to set up your business and qualify you for your tax advantages.

Feel free to look over the information on this page, especially the business plans.

When you send the form, above,  we will provide you with a detailed business plan, based on this information, which will show complete details of your new business. You will see cash flows, tax effects, maintenance tables and everything that you need.

The tables will show you this information on a year by year basis.

You don't need to understand all of the tax issues--you just need an overall understanding. You're not ready to go to a tax advisor until you have submitted this form, and your finance application and received a more comprehensive business plan with the finance terms incorporated.

Further, if you or your tax advisor would like to talk to a CPA who has extensive knowledge and resources available, we can arrange this.

Here's all we ask. You should talk to one of our associates and get a boat priced out the way that you want it. Submit a finance application, and he will set up a simple hull reservation. You see, we need to freeze everything while you're getting the information that you need. The Hull reservation will hold a production slot and a price while we're seeing if this plan makes sense for you. There is nothing to lose. If you decide not to proceed, it won't cost you anything.

Link to the form here. (For a detailed business plan, submit this and the financing application that you find on this page.)

Or, Ask us about our on-going seminar program if you're more than a year away from a decision... We offer seminars on the programs, on choosing your boat and on handling your boat. Get on our mailing list to keep up on the schedule.

 

Seminar Information and sign up here.

Return to Index   Request more information

Experience matters!

We have the experience...

Here's how to choose a sailing catamaran.

How to choose a serious cruising monohull.

We have sold and custom commissioned more Fountaine Pajot catamarans and

Testimonials

Keith Cressman bought a Jeanneau 43DS from us at the end of 04. He recently attended our owner’s reception in Annapolis (on April 9th.).

I asked him what his tax advisor said about our program:

You can qualify for active tax advantages… .This is the best idea that I’ve ever seen!”

When this plan is set up right it offers substantial tax advantages. We have the knowledge to show you, and your tax advisor how to set up a program that works!

Please contact us for more details…

Eric Smith,  President

3. Why us?

We have over 30 years experience and have helped almost 700 people set their boat up as a business.

We make it easy and offer a complete turnkey approach. Talk to us before considering a Charter company plan, or even a private management program. No one gives you the depth of information and resources that we do.

Whether you choose to Follow-The-Sun, or keep your  boat in one place--we offer total flexibility with your choice of luxury options and layouts. Ours is truly ,"America's 5 star fleet".

We offer more choices, more 5 star boats, the best locations and the best information that you will find in the industry. Give us a call. 410-263-2311

An overall review of our program in some detail.

Tax Implications: Any broker or charter company can tell you about their management, but what about the all important tax implications. How do you keep from being audited, or be prepared if you are? Most brokers and management companies will not help you with this all important step. What you need to know about the tax aspects of this program. Click here

Return to Index   Request more information

 Testimonials

See the plans now! Click HERE!

 

Contact us here!  

 Bay Yacht Agency, "On the harbor, Annapolis"  Since 1972

Use our handy form to register and receive confidential information: Insider news, technical brochures, in depth articles, business plans, pre-announcement of new models and charter specials and more.

Sign up here...

Call, Sales/Management  1-800-YACHT20 (922-4820) or 410-263-2311

Charter (Let's Go Cruising--offering America's 5starfleet.com): 1-888- 995-BOAT or 410-263-1818

Bay Yacht Agency Group

Power/Sail/New/Used/Charters
On the Harbor in Annapolis
326 First Street, Suite 29
Annapolis, MD 21403 (map)

Sail/Cat Trawlers: (410) 263-2311

Power 410-263-2312 or Cat Trawlers .
(410) 263-2964 (fax)
info@bayacht.com

Charter from our 5 Star Fleet

Let's Go Cruising 410-263-1818

info@letsgocruising.com

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