I know a boat can be considered a residence if it contains a toilet and sink for the purpose of deducting interest paid if it is in the form of a mortgage. I do plan to use the boat (19 ft Polar center console) to take business associates out for a few hours fishing on a regular basis and believe it would justify expensing a portion of the boats operational expenses for business use. Also wondering if there is any benefit or disadvantage of buying the boat as a business transaction rather than a personal transaction? I know guys who deduct several thousand dollars of country club fees and don't see where this is much different. I have not run this by my accountant yet but thought some folks here may have some helpful input based on your experiences.<br /><br />Helpful advice appreciated.<br />Kevin
