People have been forming partnerships to coown expensive assets for a long time, but until now they have had to figure out the logistics themselves. The benefits of shared ownership are very appealing, but it’s been too cumbersome for most to set up. Finding the right partners, setting up partnerships, and managing the logistics of owning a shared asset can be time consuming and difficult. We have created a program that makes the entire process easier and makes shared ownership available to everyone.Up to five owners each buys a share in a luxury yacht at a fraction of the cost. Unlike timeshare programs where you do not own the yacht and end up with nothing at the end, this program ensures that you have an equity stake in the yacht and hold the title of the vessel. Because owners of fractional shares involve direct ownership, each user has greater control over how the boat is used and maintained and where it is located.

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This information is general in nature and purchasers are encouraged to seek experienced legal counsel in yacht acquisition planning and implementation. Catamaran Guru is not a licensed tax attorney or CPA and is not qualified to give legal advice, but we can put you in touch with experts who are.