According to 14 CFR § 91.409 - Inspections:
(b) Except as provided in paragraph (c) of this section, no person may operate an aircraft carrying any person (other than a crewmember) for hire, and no person may give flight instruction for hire in an aircraft which that person provides, unless within the preceding 100 hours of time in service the aircraft has received an annual or 100-hour inspection ...
It seems to me that:
- By renting out my aircraft, I am not operating it for hire.
- The aircraft is not carrying any person other than a crewmember.
Am I wrong about both of these, or is it legal to rent out aircraft without 100hr inspections?