in a type-certified airplane?
Operations for hire are *expressly* forbidden – no paid cargo or passengers are permitted. You cannot “lease back” the aircraft to a local FBO. This is not as restrictive as you might think. Often clubs are formed around homebuilt aircraft, and it is legal for you to pay an instructor to give you a checkout or BFR in your airplane. The FAA also now allows homebuilt to be rented as part of a pilot checkout. Formerly, operations over “congested areas” was also forbidden, but the FAA is now issuing operating limitations that do not include this ban. So in general, you can do most anything with your homebuilt that you can do with normal private pilot privileges.
