Donate your boat to charity. Receive a full tax receipt.
There is a quick, no-hassle way to part with your boat – donate it!
Donating your boat to the Disabled Sailing Association is quicker and easier than selling. You will immediately receive a tax receipt for 100 percent of your boat's surveyed fair market value. The Vancouver, BC boat donation program, in turn, sells donated boats and yachts to raise funds that make sailing opportunities possible for people with disabilities.
Your tax deductible donation will support Disabled Sailing – making it possible for people with disabilities to experience freedom and independence on the water.
Aside from supporting a charity in this way, you would be saving yourself a lot of time, effort and outlay. Selling a boat – either listing it yourself or through a yacht broker – calls for an investment to bring it to sale condition, and you will also pay moorage, insurance and other costs for as long as it takes to find a buyer. In today’s market, that might be a full year. Charity boat donation cuts this out altogether – and cuts your taxes – while supporting a very worthwhile cause.
We call that win-win.