Log in or Sign up
Forums
Forums
Quick Links
Search Forums
Recent Posts
Trucking Jobs
Truck GPS
Reviews
CDL Practice Tests
Schools
Freight Factoring
Trucking Insurance
Menu
Useful Searches
Recent Posts
More...
Find Trucking Jobs
Company Driver
Dry Van
Flatbed
Refrigerated
Specialized
Owner Operator
Regional Truck Driving
Dedicated Trucking
Tanker Driver
Solo Truck Driving
Local Truck Driving
Team Truck Driving
No Experience Truck Driving
Experienced Truck Driving
OTR Trucking
Intermodal Driver
Hazmat Driver
More Trucking Job Searches
⌄
Fewer Trucking Job Searches
⌃
TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Truckers & The Trucking Industry
>
Trucking Industry Regulations
>
I Own MC but trying to lease onto someone
>
Reply to Thread
Reply to Thread
Username:
Message:
<p>[QUOTE="Ridgeline, post: 11987479, member: 77050"]If the truck is paid for, then create a new company owned by the original company, move the asset there and lease the truck to the carrier, the whole owned subsidiary is a separate entity with no ties to the authority because it is not named as part of the operation.</p><p><br /></p><p>if the truck isn’t paid for, the the newly established company will have to have the financing to the new company and become the responsible entity for the liability.[/QUOTE]</p><p><br /></p>
[QUOTE="Ridgeline, post: 11987479, member: 77050"]If the truck is paid for, then create a new company owned by the original company, move the asset there and lease the truck to the carrier, the whole owned subsidiary is a separate entity with no ties to the authority because it is not named as part of the operation. if the truck isn’t paid for, the the newly established company will have to have the financing to the new company and become the responsible entity for the liability.[/QUOTE]
Your username or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Truckers & The Trucking Industry
>
Trucking Industry Regulations
>
I Own MC but trying to lease onto someone
>
Reply to Thread