I'm considering becoming an owner operator so I'm trying to learn more about the business side of everything. I would just be leasing to a carrier.
I was thinking about just forming an LLC which shouldn't be too complicated from the looks of it. Are there any better alternatives?
Also....
And how about TAX FRIENDLY STATES?? I am currently an Oregon resident as I've grown up here. However I feel like it would be stupid to throw away 6% of my income if I didn't have to.
Is it as simple as getting a Nevada CDL and then forming my business there to take advantage of the tax haven?
Thanks!
Best way to create your business entity? Tax friendly states?
Discussion in 'Ask An Owner Operator' started by silenced140, Jun 21, 2019.
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Talk to an accountant, let them show you what you need to do.
silenced140 Thanks this. -
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New york city.
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I am only really looking at leasing to a carrier on percentage basis. Just want to start small. Trying to learn more about establishing a business entity and acquiring a rig of my own. Definitely want to make sure that I go about this in the best of ways though. -
I form them in Wyoming and I’m based out of there despite living in a different state. Yes they are cheap to form, $200. PM me if you want more details.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.