Donate your boat TODAY for potential 2023 tax savings 2-3x over current cash market value!!!
I2m Yacht Development Foundation [I2mYDF] in Greenwich, Connecticut has been operating since 2006 as a 501 (c) (3) whose charitable mission is to “acquire, restore, and preserve historic America’s Cup Class l2m yachts and their match racing heritage.”
In many cases, particularly for sail and power boats 7+ years in age, owners may generate as much as 2-3X more cash by donating their vessel to the foundation, versus selling for cash where older boat prices fluctuate wildly and often sell for substantially less than their true value.
The 12mYDF works with top surveyors to assess the boat’s condition and true value, and the foundation can then give the owner a completed IRS form 8283, allowing the owner to reduce taxes, which may be substantially more than current cash value given market conditions.
Please contact Patrick Sikorski, Executive Director of the 12mydf to discuss your current situation.
PLEASE ACT NOW to investigate potential 2023 tax savings!!!
Please contact Patrick Sikorski, Executive Director of the 12mydf to discuss your current situation.
203 918-5271
For Boat Buyers: *Special Tax Exempt 3-year caretaker arrangement available -please inquire.