I am an independent mortgage loan officer and get paid 1099. I do very well but have a lot of write-offs (unreimbursed business expenses), so I declare very little or negative adjusted gross income on my federal income taxes. Due to the low or negative adjusted gross income, I have had a difficult time getting finance on a 2015 45-foot Catamarans Yacht, which is priced at $525,000. It is 45 feet long by 26 feet wide. I think I need to change paths and get a commercial or business loan on this yacht and tell the lender that I am using this Yacht for business purchases only. Can you write off a yacht as a business expense? Can I get a purchase price expense deduction on a yacht? Can I make the yacht a mobile mortgage office? Can my business write off a yacht? Can you get a 30-year fixed rate loan on a yacht? What is the oldest yacht a bank will finance?

Can you buy a yacht as a business expense? What are the tax benefits of owning a yacht? How long of a loan can you get on a yacht? How hard is it to finance a yacht? Can you deduct mortgage interest on a yacht?

<srpx-bugfix></srpx-bugfix>