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O/O no more

Discussion in 'Ask An Owner Operator' started by danny23tx, Dec 13, 2022.

Page 2 of 6
  1. Dec 14, 2022 #11
    Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

    9,301
    29,912
    Jan 20, 2010
    Hesperia, Ca.
    0
    Just saying, why didn’t you post your equipment on here in the classified section? I’ve know a few that have sent there equipment to Richie bros and they weren’t happy what they ended with after their cut and miscellaneous they added. I was very fortunate that @staceydude followed me in here and bought my 379.
     
    Diesel Dave, Dec 14, 2022
    Diesel Dave, Dec 14, 2022
    #11
    Vampire, LtlAnonymous, fordconvert and 6 others Thank this.
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  3. Dec 14, 2022 #12
    danny23tx

    danny23tx Road Train Member

    1,494
    2,324
    Feb 16, 2016
    Austin,Tx
    0
    800k mile truck , Emissions and a tough freight market are the reasons I went the Auction route . There were 10k ppl bidding on equipment that had funds following the auction so it was a easy choice for me . Quick and clean exit .
     
    danny23tx, Dec 14, 2022
    danny23tx, Dec 14, 2022
    #12
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  4. Dec 14, 2022 #13
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,735
    12,456
    May 28, 2009
    Rancho Mirage, Ca.
    0
    You'll be back.......
     
    Allow Me., Dec 14, 2022
    Allow Me., Dec 14, 2022
    #13
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  5. Dec 14, 2022 #14
    staceydude

    staceydude Road Train Member

    1,149
    5,015
    Apr 3, 2020
    0
    what did it end up going for?
     
    staceydude, Dec 14, 2022
    staceydude, Dec 14, 2022
    #14
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  7. Dec 14, 2022 #15
    danny23tx

    danny23tx Road Train Member

    1,494
    2,324
    Feb 16, 2016
    Austin,Tx
    0
     
    danny23tx, Dec 14, 2022
    danny23tx, Dec 14, 2022
    #15
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  8. Dec 14, 2022 #16
    kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    10,913
    47,390
    Jan 13, 2013
    SW Arkansas
    0
    FYI- If you had taken all of your depreciation on the truck, those ######## at the IRS will count all of the proceeds from the sale of your truck as income for this year. I found that out the hard way.
     
    kemosabi49, Dec 14, 2022
    kemosabi49, Dec 14, 2022
    #16
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  9. Dec 14, 2022 #17
    Beaver9

    Beaver9 Heavy Load Member

    966
    1,183
    Jun 15, 2020
    0
    So sad people leaving. But it's tough up there now.

    Good luck!
     
    Beaver9, Dec 14, 2022
    Beaver9, Dec 14, 2022
    #17
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  10. Dec 14, 2022 #18
    Beaver9

    Beaver9 Heavy Load Member

    966
    1,183
    Jun 15, 2020
    0
    What?

    It should be marked as a loss of the truck too. So, I would think it would even out.
    That's terrible.
     
    Beaver9, Dec 14, 2022
    Beaver9, Dec 14, 2022
    #18
    Vampire and LtlAnonymous Thank this.
  11. Dec 14, 2022 #19
    skallagrime

    skallagrime Road Train Member

    3,853
    9,925
    Apr 10, 2012
    Indiana
    0
    No, its an asset, if it is fully depreciated to 0, and you sell for 20k, you owe on the 20 k as income
     
    skallagrime, Dec 14, 2022
    skallagrime, Dec 14, 2022
    #19
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  12. Dec 14, 2022 #20
    OscarGoldman

    OscarGoldman Light Load Member

    264
    534
    May 9, 2022
    0
    Hate to be the bearer of bad tidings... But the DOT/MC are not really worth anything.

     
    OscarGoldman, Dec 14, 2022
    OscarGoldman, Dec 14, 2022
    #20
    Vampire and LtlAnonymous Thank this.
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