Need some advice on next moves.

Discussion in 'Questions From New Drivers' started by Goodnessprevails, May 26, 2022.

  1. Goodnessprevails

    Goodnessprevails Bobtail Member

    3
    1
    May 26, 2022
    0
    I got my cdl 1 year ago. Was working for my boss as a 26ft Box truck driver. Did that for 6 months and got 10000 miles of Box truck delivery experience. He ended up needing a Driver for double bottom truck. Ending up getting the endorsement for doubles/triples and he hired me.

    Been working for him for a couple of months now and in a month and a half i have driven 10000 miles doing random dirt hauls/ sand and other materials from plants and construction sites.

    He let's me use his truck, he provides matinence/ fuel on the truck and takes 70% and gives me 30% of what I make. I Have averaged out what I make and that's about $20000 after all of the work I do for him in one month. Which I get $6000. I just drive and drive and drive and drive lol ‍ and that's it.

    Now that I see that it is worth it I was trying to figure out what I should do next.

    I have an opportunity to buy a truck as I do have some $$$ to invest but I don't know what truck to buy nor do I know where to get the dispatches from for double bottom.

    Of course just sitting and driving I get an idea of how things work but there is so much more to learn which comes after time.

    Should I continue working for him to get more experience. I feel confident it getting my own truck but experience is also what I neex.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Chinatown

    Chinatown Road Train Member

    56,766
    106,849
    Aug 28, 2011
    Henderson, NV & Orient
    0
    Goodnessprevails Thanks this.
  4. Brettj3876

    Brettj3876 Road Train Member

    10,033
    46,477
    Nov 18, 2014
    Stuck in Limbo
    0
    If you're on a W2 stay put 1500 a week is pretty good for not having much experience You do realize now isn't the best time to buy a truck right?
     
  5. Goodnessprevails

    Goodnessprevails Bobtail Member

    3
    1
    May 26, 2022
    0
    Cash.... no w2 or 1099. He said I should report the earnings to the irs at end of year.
     
  6. Brettj3876

    Brettj3876 Road Train Member

    10,033
    46,477
    Nov 18, 2014
    Stuck in Limbo
    0
    I would get away from that then. What area do you live in. @Chinatown can give you some leads for jobs in your area. I'd look into some LTL outfits.

    Don't go head first into buying a truck right now
     
    Goodnessprevails Thanks this.
  7. Chinatown

    Chinatown Road Train Member

    56,766
    106,849
    Aug 28, 2011
    Henderson, NV & Orient
    0
    bryan21384 and Goodnessprevails Thank this.
  8. motocross25

    motocross25 Road Train Member

    2,284
    5,629
    Sep 23, 2010
    Overland Park, KS
    0
    In my humble opinion, you just answered your own question. In todays market with fuel prices and parts shortages and talks of a recession looming, I don’t think now would be the time to jump in and learn on the fly. There’s gonna be dudes that have been doin this for years and years losing their ### if #### hits the fan. That’s just my $0.02.
     
  9. Moosetek13

    Moosetek13 Road Train Member

    12,545
    13,651
    Nov 1, 2010
    Burnsville, MN
    0
    No W2 or 1099, just cash on your end (maybe with no pay statements)?
    And he says you should report your earnings to the IRS at the end of the year?

    I'm kinda wondering what he is reporting to the IRS.
    Maybe on his books you are a 1099, and he is reporting it that way.

    If you report those earnings you will have to say where they are coming from, and why.
    Then you will owe the taxes, and have you saved enough out of those earnings to pay?

    A dodgy situation all around.
     
    Goodnessprevails Thanks this.
  10. Dave_in_AZ

    Dave_in_AZ Road Train Member

    36,690
    189,727
    May 4, 2015
    0
    I had not realized that. Bought another one today, most reasonable price I've seen in 2 years.
     
  11. Brettj3876

    Brettj3876 Road Train Member

    10,033
    46,477
    Nov 18, 2014
    Stuck in Limbo
    0
    You already know that but different situation ;)
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted