I have seen a few listings showing fractional ownership of yachts. With the high expense of purchasing a new or used yacht coupled with the high cost of maintenance and fuel, this seems like a compelling proposition. I am also not the type who will use my yacht every weekend so having even 25% ownership will be more than enough time on the seas for me. Also these fractional ownerships already have a slip in slip starved southern california. Are there any hidden dragons in fractional ownership?
Anyone have any recommendations to brokers in Socal who specialize in this form of ownership?
Anyone have any recommendations to brokers in Socal who specialize in this form of ownership?