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Message:: [QUOTE="Rideandrepair, post: 10816959, member: 168603"]I think running under your Fathers MC# would be best. Less paperwork, and if for some reason, he has to close it down, you can get an MC# and hire him. Keep the financials separate as possible. For the same reasons. A simple contract, outlining insurance, plates, fuel taxes, etc. It can all be ran through his MC#, and charged back to you. The only things you would need is a EIN# in the form of an LLC or S corp. or Sole Proprietor.  Also, Collision, Fire, theft coverage on financed equipment, paid HUT2290, and bobtail,( Non Trucking liability ) insurance. Everything else would be through him, and charged back (paid)  by you. Paying you on a 1099, and charging you back for everything. You write off all you’re costs. You two can use this as a template, to be tweaked for future O/Os. He should make at least 10-15% off your Truck. After all he has a lot of Liability riding on you. Also has to pay the Office Lady, your wife. If She can handle the deadlines for all the Regulations, to help stay Legal, And book loads, all the better. Depends on how involved she is willing to be. Her role could become very stressful. You’ll need to be careful not to take what she does for granted, and be very supportive. Nothing causes more problems than an unhappy wife, who feels unappreciated. Hopefully you can all pull your strengths together and be successful. Good Luck.[/QUOTE]