Private Pilot Moving an Airplane?

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Is it legal for one private pilot owner, to rent his aircraft to another private pilot?

My recollection is that aircraft rental is not considered to be flying for hire.
 
Then,, I guess I'll pay ya 2 cents to move your aircraft.

Nope, now flying the airplane is involved and that is compensation (not that I wouldn't, but just for the legality argument).
 
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