These $1 million to $5 million yachts are like floating...

These $1 million to $5 million yachts are like floating condos. People who can afford them are getting good pricing on them. They're also taking advantage of low interest rates. Also, if these boats come with a kitchen and restroom, then they can be classified as a second home and the interest can be written off as such.

Michael Friedman Quote About Advantage, Afford, Boats, Classified, Floating: These 1 Million To 5...

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