Transfer title to LLC and refinance the boat....?

Don't really have a burning desire to go into the charter business, but since I already own a boat, own an LLC and hold a USCG ticket, then was contacted by these people https://www.boatsetter.com/
I started thinking about it...

Boatsetters seems to be like Uber for boats, and I thought it could be fun to try, then it snowballed into this thread when I was pondering hiding the boat in my LLC.

Not too concerned about commercial insurance.
Obviously my present policy is for strictly recreational but waiting to hear back from agent on adding a commercial endorsement for occasional chartering, or look elsewhere for a different policy.
More concerned about the market for chartering a small boat for sightseeing trips, perhaps the demand is slim to none and I am wasting my time..

I will only charter with this owner onboard.
Not doing bareboat, but crewed charter, and I am the crew
As for more than 6 pax, a similar boat in the Keys are advertising on Boatsetter they can take 10 pax.
Don't want that on my boat, too crowded and with full fuel it would be sitting pretty low in the water. Planning on 6 or less, with perhaps an occasional 7 if skinny folks

Thanks Pascal, good point, I have no intention of violating anything: Was thinking about the limitation of a 6 pax license, not the boat.
Will study the guide.
Good advice, keep it coming, I am new to chartering and have not done my homework yet, learning everyday.

Now read the above guide and are wiser but still have questions:
If an owner is not allowed aboard during a charter, and are not allowed to act as master or part of the crew: What the hell do you call those sport fish operations taking out people for hire and the boat and company owned by the master?

Last time I even considered setting up a charter operation was 1985 when I had a 44' sailboat in St. Thomas.
Got my 6-pack ticket and had arranged to take crew or officers from the Norwgian cruise ships for a day-sail to some small island with a beach, unlimited food and drinks inlcuded. All for $50 per head and with a commercial insurance of about 2%.
Back then there was no restriction on the owner not allowed onboard

Looks like the guide is talking about bare boating, but calling it a charter.
If a crewed charter is also a charter, uh, why are they both called the same?

At any rate, one of my buddies is a licensed captain and I thrust him to take my boat out, I guess that would make it legal if the Charterer selects my buddy as a master...?

Thx guys.
Now I am really confused.

I should call these boatsetter people, they should know it all: No need for me to reinvent no wheel.

Ok Mark, makes sense now.
Yes, trying to make hobby money, No not trying to screw the IRS or anybody else.
Will look further into it.

Aye, of course.
I may be good looking, but not stupid.

I called boat setters:
They could only confirm that the owner can not captain his own boat while chartering, but it would change in a month or so: Not sure if they expect a rule change from the USCG or if they are working on some excemption.
They have 400 Captains listed in South Florida who could drive my boat while I sit at home in the shade and drink cold beer.
I only thrust a few Captains that I personally know, Capt. J would be one of them.

Next question for the wise men on this forum:
To transfer the title and ownership to my LLC, I need to pay off the loan, no big deal, got cash and with the loan @4,11% it is probably a wash the way the market is going.

Question:

The boat is Documented, do I have to re-do the whole darn Documentation Process, or is there a quick way, like with real estate: Quick Claim Deed?

Finally you have some good news Mr. rcrapps, if not so ugly, I would give you a hug