Yacht charters surge in South Florida as new tax law boosts owner incentives

South Florida's yacht charter market is experiencing a renaissance, with a new federal law offering substantial tax benefits ...
Morningstar

Ralph Navarro of FYI Yachts Highlights Charter Depreciation Changes Fueling Miami's Yacht Market

The 2025 update allows yacht owners who place vessels into charter programs to leverage accelerated depreciation. Qualified buyers may deduct up to 100% of a yacht's purchase price in the first year, ...
Homeland Security Today

Coast Guard and Partners Crack Down on Illegal Charters in Miami, Halt 12 Operations

Coast Guard Sector Miami law enforcement officers, along with federal and state law enforcement partners, board the 70-foot motor yacht Indigo in Miami, Feb. 22, 2025. (U.S. Coast Guard photo) Coast ...
WFLA News Channel 8

Coast Guard shuts down 12 illegal charters in Florida, including 70-foot yacht

MIAMI, Fla. (WFLA) — Law enforcement officers with the Coast Guard Sector in Miami shut down 12 illegal charters in Biscayne Bay and the Miami River over the weekend. A 70-foot motor yacht, Indigo, ...