One potential issue that may arise in a survey is called a cracked bulkhead. When this happens there is some confusion to what this means for catamaran buyers and sellers alike, so our clients often ask “What is a cracked bulkhead?” Follow along as TMC President, Phillip Berman, and TMC Sales Manager, Andrew Holland, explain here.
It’s not unfamiliar for anyone working in the yachting industry to run into the question of what generator size is required on a particular boat. An answer will depend on a few variables discussed by TMC President, Phillip Berman, here.
Once you have a boat under contract, one of the first questions that you will ask yourself, and one that we most often get here at The Multihull Company is “How should I flag my boat?” Here, TMC President, Phillip Berman sits down to answer this often difficult question.
Occasionally we handle transactions where either a buyer or seller require a closing to occur outside of the area where the boat is currently lying. Follow along as TMC founder, Phillip Berman discusses what we call an “offshore closing”.
We’re constantly asked how an owner can avoid paying the duty on a boat, and it’s doable, but is it worth it? TMC President, Phillip Berman sits down to discuss the details behind the perks and limitations when contemplating paying the duty of a boat.
When a US Flagged Vessel first makes her arrival into US Waters she is required to make what is known as a formal entry and pay US Duty and Import Tax due on the boat. When planning your formal entry into the US to pay duty, here are the steps that you will want to follow.
Getting a handle on boat insurance: 5 buying tips
The language “NOT FOR SALE IN US WATERS TO A US RESIDENT” must legally be added to listings for non-US Registered boats that are in US waters under a cruising permit and placed for sale by the Owner.
Be sure to explore your options with a tax adviser familiar with boating deductions before making decisions.
To what extent can you write off your participation in boating events as a promotional activity for your business or profession?
There are several practical points that one should always observe in connection with an audit of any kind ~
Located in the 23-acre, full-service center of the St. Augustine Marina Center, the Saint Augustine office of The Multihull Company is positioned to be your one stop shop for sailing in Northeast Florida. St. Augustine, which lays claim to the title of oldest city in the United States, is known for its Spanish colonial architecture. Conveniently in the heart of the city, we are mere minutes from several wonderful attractions, notably, the St. Augustine Lighthouse and Maritime Museum and the vibrant thoroughfare of Saint George Street, a popular shopping and dining district with many historical sites scattered throughout.
From sourcing vessels to inspections and dock space, TMC agent Captain Andrew Hodgdon is ready to help you get started on your next venture!
Captain Hodgdon began sailing aboard his father’s Hobie Cat and maintained his passion through the years, leveraging his knowledge and experience to become a USCG licensed captain. Andrew spent over a decade working as a full-time captain, working his way up in the industry with positions ranging from sailing instructor to a delivery skipper to the private yacht captain of a Gunboat 57. During his career, Hodgdon sailed from his hometown waters of Cape Fear, NC to the Caribbean Sea, Mediterranean, Central and South America, the South Pacific Islands and beyond. Extensive offshore experience has given him first hand working knowledge of a wide variety of multihulls - from old Lagoons to brand new Balance Catamarans and almost everything in between!
Now, working as a yacht broker for The Multihull Company, Hodgdon has slowed down a bit and is focusing on sharing his knowledge and skillset to help pair sailors of all types and skill levels with the perfect boat for their needs. Whether you are looking for a safe and capable coastal cruiser or a carbon fiber racing beast; Andrew can share his first-hand knowledge to help guide you to the perfect decision.
To reach our St. Augustine office please call (910) 342-2140 or stop by the main building of the St. Augustine Marina Center at 404 Riberia Street, St Augustine.
