Landstar Questions

Discussion in 'Landstar' started by Brickman, Jun 25, 2007.

  1. jdrentzjr

    jdrentzjr Road Train Member

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    The biggest problem with the $100k NET is that even if one can do that amount, THE TAX MAN COMETH! He will take a nice chunk of that $100k leaving you with maybe $70k? I already do that leased to a carrier and don't have the extra headaches.
     
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  3. milskired

    milskired Road Train Member

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    You make 70K after taxes leased to a carrier?
     
  4. jdrentzjr

    jdrentzjr Road Train Member

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  5. HEAVY DUDE

    HEAVY DUDE Road Train Member

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    What are your expences? Nobody can answer the question because everyone has a different cost per mile to run the truck.
     
  6. HEAVY DUDE

    HEAVY DUDE Road Train Member

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    You pay taxes? I have paid no federal/state income tax for years. Done legal.
     
  7. HEAVY DUDE

    HEAVY DUDE Road Train Member

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    It can be done. Without paying income taxes.
     
  8. jdrentzjr

    jdrentzjr Road Train Member

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    You don't pay self employment taxes?
     
  9. HEAVY DUDE

    HEAVY DUDE Road Train Member

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    Yes but, that is not an income tax.
     
  10. milskired

    milskired Road Train Member

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    Wow that is really awesome!!! That makes me even more excited to get back into trucking because thats not a bad living at all!
     
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  11. pwcain

    pwcain Bobtail Member

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    I am coming from Dart in Eagan Mn to Landstar..I have been told its like day and night.
    I think I can handle just about all the things nessary but the IFTA and other tax related things..Where can I get that kind of info. What can I expect my cost per mile on taxes to be? I am thinking of letting Landstar set me up the first year and getting my own base plate the second yr after I know what states I will run in. I prefer south of I-70 and west of I-81..living in Cincinnati I dont know if thats a good area or not for dry van. I dont want to be so picky I end up picking my butt with no loads paying.
    I now get .90 per mile mt or loaded but only 2500 in 7 days and only home 4 days a month. Can I expect to do better?
     
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