Join Date: Jan 2011
Thanked 19 Times in 19 Posts
Rep Power: 5
Chartering out my boat
Having my 28' S2 sitting in Marsh HArbor, Bahamas not being used seems like a waste. She is very old and long ago paid for but is in good shape albeit my accomodations are truly spartan. Now, she is even Bahamas registered.
So, has anybody else considered renting out their boat or "time sharing" it in such a situation?
Although I love my boat, if anything happened to her, it would not be a financial hardship cuz I need a good excuse to build a big boat.
Other than good liability insurance, what sort of issues should one consider in doing this? Is it a good idea to incorporate?