Wife say's Get a bigger boat
#1
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Joined: Mar 2003
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Hello all
My wife saw a 2000 SST at the river and now want's a bigger boat
And agrees i have good taste
Sure i have to sell my 89 sport 190 /w5.7 first
She loves the outlaw and want's something we can spend the nite in
My question is for any advice in this kind of purchase
price ,15 year loan would that be bad ,do i get a home equity loan etc
Just any ones thoughts ,may be a dream brought to reality in the next six- 12 months
Geoff
My wife saw a 2000 SST at the river and now want's a bigger boat
And agrees i have good taste
Sure i have to sell my 89 sport 190 /w5.7 first
She loves the outlaw and want's something we can spend the nite in
My question is for any advice in this kind of purchase
price ,15 year loan would that be bad ,do i get a home equity loan etc
Just any ones thoughts ,may be a dream brought to reality in the next six- 12 months
Geoff
#2
i got a 15 year loan at local c/u at 4.99 %,i write my boat off as second home,1/3 of the interest would be tax i'd pay anyways,ITS A GREAT IDEA,besides,GET IT BEFORE SHE CHANGES HER MIND!!!!(LOL)
#6
Originally Posted by mg503
Looking for a 25 OL SST
With it only being a 25 can it still be called a second home?
With it only being a 25 can it still be called a second home?
#7
mg503,
You gotta love it when wives say that. I'm in the same boat. We're looking for something bigger also. Hence, the reason we have ours for sale. It may be just what you're looking for. See here:
http://server1.offshoreonly.com/geoc....php?a=2&b=905
Good Luck!
P.S.
I've been writing it off as a second home for 3 years. Check out IRS publication 936. My advisor says no problem.
You gotta love it when wives say that. I'm in the same boat. We're looking for something bigger also. Hence, the reason we have ours for sale. It may be just what you're looking for. See here:
http://server1.offshoreonly.com/geoc....php?a=2&b=905
Good Luck!

P.S.
I've been writing it off as a second home for 3 years. Check out IRS publication 936. My advisor says no problem.



