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Truck Company labels?

Discussion in 'Ask An Owner Operator' started by platinum, Mar 7, 2014.

  1. Mar 7, 2014 #1
    platinum

    platinum Road Train Member

    1,718
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    Aug 18, 2010
    Fort Worth, Texas
    0
    I see some trucks with their own company names then assigned to a carrier, does this mean there is better tax write offs when doing this? Anyone currently doing this themselves? Looking into becoming a O/O I want to study and read everything I can. I have been driving 3 years clean MVR and DAC over 350k no accidents.
     
    platinum, Mar 7, 2014
    platinum, Mar 7, 2014
    #1
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  3. Mar 7, 2014 #2
    Ed MacLane

    Ed MacLane Light Load Member

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    Dec 20, 2012
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    Ed MacLane, Mar 7, 2014
    Ed MacLane, Mar 7, 2014
    #2
    lovesthedrive Thanks this.
  4. Mar 9, 2014 #3
    mnmover

    mnmover Road Train Member

    1,237
    1,104
    Apr 5, 2009
    Lichfield MN
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    As an owner-operator, many also put their own name or their company name on the truck, which is fine, except then the carriers name and dot number must also have the words "operated by" so the dot and public can determine who is responsible for the insurance
     
    mnmover, Mar 9, 2014
    mnmover, Mar 9, 2014
    #3
  5. Mar 10, 2014 #4
    platinum

    platinum Road Train Member

    1,718
    291
    Aug 18, 2010
    Fort Worth, Texas
    0
    Any tax benefits to this?
     
    platinum, Mar 10, 2014
    platinum, Mar 10, 2014
    #4
  7. Mar 11, 2014 #5
    Oscar the KW

    Oscar the KW Going Tarpless

    12,247
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    May 19, 2011
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    None........
     
    Oscar the KW, Mar 11, 2014
    Oscar the KW, Mar 11, 2014
    #5
    platinum Thanks this.
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