The purchase of a dockominium or rackominium provides the discriminating owner or investor with multiple benefits, including, but not limited to:

EQUITY: You will build equity in a rapidly dwindling resource as demand continues to outstrip supply,

APPRECIATION: Increasingly stringent governmental regulation limiting the number of marinas which can be built, coupled with the consistent demand for boat slips, creates the potential for an appreciation in your slip's value. While no value can be predetermined, a little historical research will show that most urban and suburban slips on the Atlantic Coast have AVERAGED ANNUAL appreciation rates between 8% and 14% over the past 20 years. NO OTHER real estate product we are aware of has performed as well.

RENTAL INCOME. Your slip can provide rental income when not in use, and this can even be managed for you. For investors this can be a great opportunity.

POTENTIAL TAX BENEFITS. Ownership can offer possible tax savings. If the purchase is financed by a qualifying home equity loan or if the boat and slip can qualify as a second home, the interest is generally tax deductible. Additionally, the real estate taxes paid in connection with the slip are also tax deductible. Always consult with your tax advisor

LIQUIDITY: A dockominium or rackominium can be sold or transferred, at any time, or passed by inheritance the same as any other titled real estate product.

CONTROLLED EXPENSES: Ownership can assure control of expenses as rental rates climb even higher. If structured properly, the after-tax cost to many boat owners will be less than the rental rate they would be paying for the same period. After the loan is paid off, the ongoing cost of owning the slip is a fraction of rental.

SECURITY: Ownership will secure for you and your family a permanent home for your yacht and the lifestyle that boating provides.

VALUE: Ownership of a slip or rack allows its owner many of the benefits of water-front ownership, without the tremendous costs associated with this type of ownership. Once you get past the initial "sticker shock" you will see that long term ownership of boat slips can provide exceptional value.

Disclosure: these averages are based over a period of years and are not guaranteed.