Tamaroak wrote:

All sailboat instructions are exempt from these parts of the CFR, in my
interpretation of the law. Powerboat chartering is different, and I
believe powerboat instruction is, too, but don't take my word for it.
Capt. jeff


Hi Capt Jeff:
Thanks for the details. So would it be possible to "charter" your
trawler as a Recreational boat if everyone was "actively engaged in
learning?" I have never heard about a "Documentation Waiver"
Are you documented Recreational AND doing Subchapter C uninspected
passenger vessel work? Are you also the master? Is this Beyond the
boundary Line stuff or Inland?

Where do you do your chartering. Is it a sight seeing sort of thing?
I am very interested in a similar thing. I am not trolling or anything
here. Just genuinely interested.

In may case I am not sure how hard I want to push the IRS Hobby - Loss
3/5 year obstacle. All the reading I found relating to charter
operations is that they are real dollar eaten propositions with an even
more bleak forecast. And add to that the advice I got from my CPA about
hobby- loss.

Always interested in finding a way to ease the cash out flow regarding
my boat. (Yea, know keep dreaming..)
Suggestions?
The Frugal Sailor, Bob