Boat expenses or cost splits

Talk about fishing one of the country's premier bass fisheries, Barrett Lake.
Post Reply
falafeluver
Mega Pro Angler
Posts: 102
Joined: Thu May 04, 2023 11:58 pm
Has thanked: 9 times
Been thanked: 52 times

Boat expenses or cost splits

Post by falafeluver »

I’m trying to figure out what’s the most equitable and fair way to split the cost of the boat with others? In this case, let’s say three persons on a boat.

The boat is approx $123.00 with the TM fees included. Two passengers lake fee is $30 a head (or $60 for two) but the $30 lake fee is included in the TM’s $123. So should the split be $41 per person plus the two guests pay the $30 each?

(A). Ticket buyer: $41
Guest 1: $41 plus $30 = $71
Guest 2: $41 plus $30 = $71

(B). Or is it $123 plus the $60 = $183 / 3 = $61 a person m

Math wasn’t my strongest point in school.
User avatar
Gotfish?
Extreme Angler
Posts: 549
Joined: Thu Apr 06, 2023 7:43 pm
Has thanked: 671 times
Been thanked: 352 times

Re: Boat expenses or cost splits

Post by Gotfish? »

$61.

Cost of the boat less 1 passenger is 123-30=93 or $31 per person. Add $30 to that and it is $61.

Your error was ignoring that the basic fee includes one passenger.

You are on you own for figuring out transportation costs, not just gas but wear and tear on the vehicle. IRS allowable rate is $.67 per mile for business so you might be able to get them to essentially pay for your trip, depending on where you start and how persuasive you are.
Wackyrig
Angler
Posts: 43
Joined: Tue Jun 06, 2023 2:07 pm
Location: San Diego
Has thanked: 42 times
Been thanked: 48 times

Re: Boat expenses or cost splits

Post by Wackyrig »

Well there are options-
1. You could go by yourself and report back to the forums you caught 150 bass no dinks and left at 10 am.
2. I try and charge per Senko I lose that day, usually covers the cost of the boat and a few bags of the ole Gary Yamamoto love.
3. Get 3 other slap nuts to pay $71 per person, take out to Hauser arm and keep handing them Vodka tonics, bloody Mary's and beers till they need to piss, let em off, Then haul butt back to the dock and sell their gear on Offer-Up or this forums marketplace at a discount, seems this has happened to a few members already this year. FYI good way to get a cheap drop shot rig.

I'd disagree with Gotfish? never get the IRS involved.
MaxZmus
Pro Angler
Posts: 86
Joined: Sun Apr 09, 2023 3:20 pm
Has thanked: 353 times
Been thanked: 89 times

Re: Boat expenses or cost splits

Post by MaxZmus »

B
Post Reply

Who is online

Users browsing this forum: No registered users and 2 guests