Thats what i did.

You are welcome!

Also - look for your boat in 2011's NJPPC Calendar. I am definately going to use one of Sharkey's photos!

Tim got some great shots!

if you take an equity line of credit on your home can you deduct the interest? not a bad deal if you can

800+ is crazy, only like percent of people have that and are like over 60. To me to use a home equity line of credit for a boat is not smart. Now you are going to be tied to your house because of a boat, i mean if you planned on staying fine, but I always had the thought of using HELOC for anything but on your house isnt wise.

I have always have the golden rule on toys is always to pay at least 25% down or not more, because toys depreciate so quickly and if you dont pay enough down u will be upside down.

Toys are a lot of fun but they should always be paid for with money that you can afford to just throw away. I try to keep my toys paid for because you never know what your financial situation will be in the few years. If you are younger and have a stable job with few outstanding debts, borrowing some short term money is okay. Always remember that if you have to sell your boat, you will not get what you think your boat is worth. Have fun and do not get too deep in the water.