https://ttlc.intuit.com/community/tax-credits-deductions/discussion/section-179-for-boats/01/2783958#M266496 <P>If I owned a fishing charter company could I deduct a boat under section 179 or does it have to be a yacht? Because I've seen multiple sources say yacht and others say boat. Would it apply to say a 25ft center console for chartering or rental and would it apply to jet skis for rental purposes?</P> Tue, 10 Mar 2026 06:22:40 GMT DMAN333X 2026-03-10T06:22:40Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/section-179-for-boats/01/2783958#M266496 <P>If I owned a fishing charter company could I deduct a boat under section 179 or does it have to be a yacht? Because I've seen multiple sources say yacht and others say boat. Would it apply to say a 25ft center console for chartering or rental and would it apply to jet skis for rental purposes?</P> Tue, 10 Mar 2026 06:22:40 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/section-179-for-boats/01/2783958#M266496 DMAN333X 2026-03-10T06:22:40Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-section-179-for-boats/01/2783974#M266497 <P>The boats and jet skis would be listed property but they would still qualify for Section 179 treatment provided they were purchased for use in your trade or business.</P> <P>&nbsp;</P> <P>See&nbsp;<A href="https://www.irs.gov/publications/p946#en_US_2020_publink1000107395" target="_blank">https://www.irs.gov/publications/p946#en_US_2020_publink1000107395</A><SPAN class="inlinep"><A id="idm140613529804304" class="indexterm" href="https://www.irs.gov/publications/p946" name="idm140613529804304" target="_blank"></A><A id="idm140613529803088" class="indexterm" href="https://www.irs.gov/publications/p946" name="idm140613529803088" target="_blank"></A></SPAN></P> Wed, 19 Oct 2022 14:05:23 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-section-179-for-boats/01/2783974#M266497 Anonymous_ 2022-10-19T14:05:23Z