Yup, 4-door and grayish/green. Wish I took more pictures back then. Good old days. How do we turn the clock back and do it over again?
I had one of those too: 1959 Volvo Amazon with a B-16 engine, 3 speed manual. Got into all kinds of trouble with that car as a 17 year old hot...
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:...
Aye, of course. I may be good looking, but not stupid. :D
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.
Thx guys. Now I am really confused. :confused: I should call these boatsetter people, they should know it all: No need for me to reinvent no wheel.
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...
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...
I will only charter with this owner onboard. Not doing bareboat, but crewed charter, and I am the crew:cool: As for more than 6 pax, a similar...
Not too concerned about commercial insurance. Obviously my present policy is for strictly recreational but waiting to hear back from agent on...
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...
Got a good CPA, she has kept me out of jail for 25 years, don't know if she has expertise setting up a boat charter business, especially since she...
Hmm, that may be a good idea. Lemme see, I keep the financing, and I keep the boat in my name, but lease it to my charter LLC. The lease payments...
Thx, that is the extent of my knowledge as well. :D
I know, but I invested a chunk of cash just in time for the Chinese stock market to crash, hence I am still up-side down. Almost back to neutral...
Aye Mates, I can see where this is going now: The odds of keeping the boat financed in the LLC is slim to none, and Slim just left town:p Guess...
Yes, but of course the liability I try to avoid is from being sued in case of an accident, not from repaying the loan. (I always though a stellar...
Right, but in the meantime I assumed the boat itself was enough collateral and asset enough to cover the loan in case of default, after all the...
Assuming the boat would get repossessed? I don't operate that way and not used to that kind of operation. Call me naive. Surely some folks finance...
Thinking about doing an occasional charter with my boat and it seems a good idea to transfer the title to my LLC. The finance company US Bank did...
