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Old 07-23-2010, 02:16 PM   #21
spence
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Join Date: Nov 2003
Location: RI
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Quote:
Originally Posted by fishbones View Post
You must really be smart if you can determine that it's being used as a charter for "a good part of the year". The article mentions nothing about how much chartering the boat is doing. Or maybe it's just you making up stuff again and hoping you don't get called out on it.
Given Kerry's employment he really has limited time for yachting. It makes no business sense to keep a boat like this just sitting around collecting barnacles. They might even be able to depreciate it if it made sense.

There's a big difference between Kerry berthing the yacht in RI "to avoid taxes" vs "not haveing to pay taxes as a result".

So far you've presented no evidence to the former while I have to the later.

-spence
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