Taylor Swift's $150k boat burnt to ashes near beach house

Taylor Swift has been set back by a whooping $150k.

Her luxury boat which cost that much was burned to the ground on a beach near her home by suspected vandals.

The 35-foot cruiser washed up on shore in July and was abandoned after its owner couldn't afford to have it moved.

According to TMZ, that's when a vandal decided to spray paint, "Property of Taylor Swift" on the side of the rig.

However, law enforcement agents have said Swift had nothing to do with the paint or fire and it's now an arson investigation.