How the Big Beautiful Bill Act Opens New Tax Benefits for Superyacht and Yacht Buyers
On July 4, 2025, the One Big Beautiful Bill Act (H.R. 1) restored 100% bonus depreciation for certain qualified assets, including superyachts and yachts. For yacht buyers and owners who use their vessels for business or charter, this is a landmark change that can create significant tax advantages.
At MarineMax, we’re here to help you understand these changes, plan strategically, and make the most of this new opportunity.
What the Big Beautiful Bill Act Means for Superyachts and Yachts
The Act allows eligible property to be written off immediately rather than depreciated over many years. That means if you buy a yacht that qualifies, you may be able to deduct a large portion, or even all of the purchase price in the first year. This can dramatically improve cash flow and shorten the payback period on your investment.
Who Qualifies for the New Tax Benefits
To benefit from the 100% bonus depreciation, your yacht must meet these key requirements:
- Business Use Requirement: The yacht must be used predominantly for business (e.g., charter operations, client entertainment).
- U.S. Waters Requirement: It must spend more than half of its time in U.S. waters.
- Timing: It must be placed in service after January 19, 2025, and before the law’s sunset date.
- Compliance & Documentation: Maintain logs, charter contracts, itineraries, and clear separation of personal vs. business use.
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Potential Savings Under the Act
For example, a $3 million yacht used 70% for charter may allow a first-year deduction of roughly $2.1 million (subject to tax rules). Many refits and upgrades also qualify, creating even more incentive to invest in your vessel’s amenities and systems.
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Considerations & Risks
While the opportunity is significant, buyers should consider:
- Recapture risk if business use drops below thresholds in later years.
- State and local tax variations.
- The need for professional guidance and meticulous record-keeping.
Why MarineMax Clients Should Act Now
Our team of sales consultants, charter managers, and financing experts can help you:
- Evaluate whether your purchase or upgrade qualifies.
- Structure ownership and charter operations for maximum tax benefit.
- Connect you with tax professionals who specialize in marine assets.
Next Steps
- Consult a tax advisor experienced in yacht ownership.
- Develop your charter or business plan with MarineMax.
- Time your purchase to meet eligibility dates.
The Big Beautiful Bill Act has reopened a rare window where superyacht ownership can be both a luxury and a smart business decision. With MarineMax’s expertise, you can enjoy your yacht while taking advantage of powerful financial incentives.
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