Ownership · US tax

Bonus depreciation.

If your yacht qualifies as an active charter business, US tax bonus depreciation can shelter material income. Here's the mechanic — and the calculator below.

The qualifying tests

  • The yacht is used >50% in an active trade or business (typically charter)
  • The owner materially participates (or the activity rises to a trade-or-business via a manager)
  • The yacht is placed in service in the tax year
  • The activity has a profit motive (the IRS is skeptical of yacht losses without one)

The mechanic

For 2026 (under current law), eligible property qualifies for accelerated first-year depreciation. The amount depends on charter intensity (the >50% test) and your tax jurisdiction's rules. Get tax counsel familiar with yacht charter structures — the desk introduces specialists on request.

The risks

The IRS challenges yacht charter losses aggressively. If charter days are weak, if owner-use days are heavy, or if the structure looks like a tax shelter rather than a business, the deduction is denied and penalties apply. A real charter program with documented bookings, third-party management, and material days is essential.

Below is the desk's estimator. It is for orientation, not advice.

$500k$5M$15M$30M
22%32%37%
Business Basis
$3.00M
60% of $5.00M
Section 179 deduction$1.22M
Bonus depreciation (100%)$1.78M
Total year-1 deduction$3.00M
Federal tax saving (37%)$1.11M
Year-1 Tax Savings
$1.11M
Effective cost: $3.89M
Estimate only. Consult a qualified maritime tax attorney before making purchase decisions. Does not account for AMT, passive activity rules, or state-specific limitations.