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...
Well, do you appreciate them? Will you miss them if the next boat has small old fashioned port holes?
Thx, Wow, that was a close call:)
Ouch. AMG is no longer a good fit?
Pretty lean times when Loren Schweizer is your date: [IMG] Actually a nice afternoon, we went cruising on my GB 2770, Loren brought beer AND...
Well, if the anchor is big enough.... :D Nah, I would stay in the wheel-house, fly bridge whatever with the plotter on the biggest scale to show...
La Dolce Viagra :D
I sailed at Lake Texoma while living in Dallas. Never got caught in thunderstorms however. I would carry a big anchor and good chain. If a storm...
Now tried to buy the above book on Amazon, but what comes up is Magellan, Pioneer of the Pacific, same author....
Aye, Big Guys need Big Computers:) I am a lightweight however usingly on a single screen.