Why Invest?

What makes investing in houseboats

a unique opportunity?

! Preservation of Capital - As the registered Owner of the houseboat, the value of the asset remains in the Investor's control. The resale value of the boats remains strong due to the Charter revenue that they create and demand in the United States .

! Good Use of Investment Capital - As with any solid revenue investm ent, the ab ility to access attractive financing arrangements is available on houseboats. Investment boats are able to secure 80% financing at competitive rates for amortization periods as long as 20 years with stand alone financing.

! Low Hassle Investment - The structure of our management agreement is designed to protect and maintain your investm ent with a motivation to produce strong revenues. T his is done without a need for the Owner to deal with time consuming elements of operation, maintenance, winterizing and charters.

! Recreational Usage - With the ownership of the houseboat, obviously comes usage and with that owner's receive priority advance booking privileges. As an Owner, you can use your houseboat for a small housekeeping and service fee of $200 per week during the non-prime booking season.

! Cash Flow Risk Mitigation - Sunshine Houseboats is experienced in the resort business but realizes that you may not be. In order to mitigate some of the risk of the variable cash flow of our seasonal business, Sunshine Houseboats will give an advance on charter revenue to investors. These payments are made in 6 equal instalments starting on June 1 and is equivalent to 8% of the value of your initial purchase price

! Tax Advantages - Investing in houseboats is a positive return investment. There are also significant benefits for higher tax bracket purchasers. Interest and overhead expenses for the investment can be deducted from the income revenue. This combined with Capital Cost Allowance adjustments can eliminate any taxable income from the houseboat for many years. Depending upon your tax situation, there can also be significant incom e tax refunds when these deductions are utilized..

! High Quality Experience - Lake Koocanusa is one of the best houseboating lakes in North America . The scenery, weather, fishing, clean water and unspoiled surroundings combine to make your experience, and those who charter the houseboats, one to treasure. The houseboats that we are offering to investors are being constructed by a manufacturer with 24 years of experience in building the highest quality charter houseboats with the best amenities.