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Also- Remember that if the IRS were to audit you to try to get at the income you earn from property held under a foreign grantor trust, then the burden of proof that you earned said income is on THEM. They could not succesfully apply a blanket estimate based on the maximum possible market...

Bingo. "Under FATCA, the taxpayer should report $63,875 of taxable income to the IRS, commencing in 2011" This would only be accurate if you rented it 100% of the time, and the $10k IRS reporting minimum seems to apply as well. So, if you own a condo under a Fideicomiso, and you don't...

Awesome Doug! I'm glad the cat's finally out of the bag... CONGRATS! Going from a 23 to a 33 footer- what are you gonna do with all that extra room? How are we gonna decide whose new boat to fish from when we plan a RP trip? We'll be flipping a coin I guess... :) oh, and I agree:

Thanks! I had lots of interest from people that "needed to raise the cash", and lots of low-ball offers, but I held out and finally I got what I thought the boat was worth, and the new owner is someone who appreciated the condition it's in and will continue to take good care of it.

Sold- SOLD SOLDSOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD Boat was delivered to it's new home in Dana Point Harbor. yay.

Yeah, too bad I'm traveling next week on Business... Wed. the 17th has a pretty good wind/wave forecast setting up.

Sale Pending... {fingers crossed} And yes, Tyler- I've had it on Craigslist locally and in SoCal for a few months now

Here's a small dose of charitable philanthropy for my Rocky Point fishing brethren... Blow, Blow, Blow your boat- harshly across the Sea... Merrily, merrily, merrily, seasick- sure to be. Conditions suitable for most marine activities Caution. Small craft advisory Hazardous...

You can make bait just about anywhere on Sabiki's (even inside the harbor :)) I prefer the smaller size 14 sabiki's with the red head and the rainbow flashabou hackle. I have brought up single lines with 5 different species on them in the past. I assume you have a fishfinder? if so- then...

No... Really? Wind blowing in Rocky Point...? Never happens. I was all lined up to head down on Thursday and then fish Friday and Saturday, but Stuart's right- the weather looks no bueno for fishing this weekend, so I will be towing my Skipjack over to Dana Point to do a sea trial with...

You can thank GWB and the Patriot Act for that .... For the record- I was not arrested. Never read my Miranda rights, and not charged with anything. I was merely "Detained for questioning" - even though they never really asked me anything. Why the handcuffs were necessary... I don't know...

$7900 - Boat and trailer only- minus outboard and minus folding deck chairs.

price reduced to $9200 OBO...

You can fish from a shore-launched kayak without a license. Frankly, you aren't likely to get checked for a license unless you are in the Old Port in a "real" boat and they flag you down. La Marua estuary is about 8 miles east of town- go out on the Las Conchas/Caborca highway and turn right...

You see..? this is why I don't want to leave my boat in Penasco full time. You never know when I might want to tow it 2000 miles down to Ixtapa.... :)

Well, whoever he is; he makes for interesting conversation, that's for sure... :) He told me he owned the Marina. I'm too far back in that pic above to see the expression on my face, but it was a mixture of bewilderment, and more than just a little annoyance- I've heard of certain forms of...

Hah! I found a picture of Stuart and Mark's new best friend.... This guy introduced himself as Dennis, and when we saw Constancia approach the ramp he said he knew Stuart, so I assumed it was the Dennis that fishes with Stuart sometimes. I had NO IDEA that this guy was just some random...

Apparently not... I have my full middle name on everything, and it hasn't helped so far. I filed a DHS trip report after the last time I was stopped in Oct 2008, and I did not get stopped for two years- perhaps the DHS trip expires after 2 years... I should check into that. It's really just...

Hey Bill- I looked at the following 22 foot Twin Vee Cat when I was over in San Diego in July- he has dropped the price a couple times since then, and I know that the guy is very eager to sell it- he wants to move back to the midwest. The boat is solid, and has twin 70hp Suzuki four strokes...

That should be easy Doug... Your fishing reports always go something like this: 1) we got on a boat (This time it was Dan Mcauley's) 2) we went out to the one reef where every fish in the Sea of Cortez was waiting for us 3) we caught a Billion fish 5) we came back in So predictable.... but...