Rental Real Estate Tax Implications

By Tom Andrews, CPA As the real estate market continues to rebound and interest rates remain historically low yachting professionals are continuing to invest in real estate.  Since traveling is a cornerstone of a yacht crewmembers  career,  becoming  a land lord is a...

Yacht Crewmembers Receiving Foreign Gifts

By Tom Andrews, CPA Now that Christmas is over the topic of foreign and nonresident gifts become a frequently discussed topic.  Many yacht crewmembers have friends, family, spouses etc. who are nonresidents living outside the United States.  These relationships...

The Mini Yacht Manager

by Tom Andrews, CPA The term “yacht management” has been used to describe a vast number of services in the industry, the large management companies tend to manage every aspect of the vessel including but not limited to MLC compliance, payroll, crew placement,...
AWL Grip Captains Golf Invitational

AWL Grip Captains Golf Invitational

by Lisa Marshall On Friday, October 17th, AvMar came out to support Yacht Captains at the AWL Grip Captains Golf Invitational.  Everyone had a blast in support of Yacht Aid Global, Save Our Seas and Marine Industry Cares. Here are some pictures from our Hole 11 ...

US Taxman Targets Yacht Owners

By Don Hoyt Gorman, (The Super-Yacht Owner Website) An American super-yacht owner and a number of his super-yacht owning friends have all received the same letter from the US Internal Revenue Service (IRS) informing them that their yachting affairs would be audited...