The Fractional Yacht Ownership Concept Fine Host LA Saves and Makes You Money!
NO ONE BENEFITS FROM WASTING MONEY
Fine Host LA brings together groups of individuals who appreciate the joy and enviable lifestyle of yacht ownership without any of the headaches, responsibilities or the prohibitive expenses inherent with sole ownership. The fractional owners become shareholders in the LLC that owns their particular yacht. Under the Fine Host LA Fractional Yacht Charter Program with other yachts in the program throughout the world.
As the pioneer of the Fractional Charter Yacht Ownership Program Fine Host LA has created a program that divides a charter yacht into fractional shares with the owners becoming shareholders. Unlike yacht manufacturers and yacht brokers, Fine Host LA does not generate a profit on the offering of the yacht nor any of the ensuing operating expenses. Fine Host LA operates on a "Yacht-o-Minium" concept much like a luxury Condominium building and receives a set fee for its management services. In fact, under the Fine Host LA Management Program, the annual operating expenses, which are split among the owners accordingly, are kept to a minimum as a result of Fine Host LA Fleet Purchasing and marketing power. This is yacht ownership at its best.
As part of the Fine Host LA Program, our management team, with its 25 years of yacht management experience, will professionally and meticulously manage your yacht eliminating, the unpleasant responsibilities of individual yacht ownership. Each yacht is owned by a separate entity that maintains its own bank account distributing monthly operating statements and Profits along with certified statements annually. Your investment will return countless hours of personal pleasure or rewarding business benefits. Our fractional owners take advantage of the Owners Communication Center for scheduling, questions, Boatique purchases, and other information about their yacht.
Financing Your Share: If you do elect to finance your share, the interest portion of your loan payment is tax deductible.
We will assist you with the selection of one or multiple shares in our yachts currently enrolled in fractional program or you can join one of our “purchase groups” that are continually being formed to purchase a specific model yacht at our discounted pricing. In the future, should you decide to sell your ownership share, which you can do at any time, or the fractional group decides to sell the yacht entirely, Fine Host LA will assist you in that endeavor.
Current yacht owners can take advantage of the Fine Host LA Charter Yacht Fractional Program by having us sell the unused portion of your idle asset. You will receive immediate cash from the sale, a partner to share the operating expenses, and benefit from Fine Host LA’s Management’s fleet purchasing power.
Purchasing a yacht at a fraction of the cost saving you money, sharing in the annual operating expenses and Charter Profits. Being removed from any of the management responsibilities are just four compelling reasons for choosing the Fine Host LA’s Fractional Program.
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