Too old for a paper run - too young to retire !
At 44 I’ve got another good 20 years trucking in me I think.
Worth remembering, we started with almost no debt - maybe 50k all told on an old HELOC and other bits. New trailer loan - cash old truck.
The journey begins - purchased a truck.
Discussion in 'Ask An Owner Operator' started by blairandgretchen, Dec 10, 2014.
Page 318 of 564
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You learn good grasshopper, one day you’ll catch me.
Itsbrokeagain, RStewart, Big_D409 and 5 others Thank this. -
Hey @blairandgretchen , I do not see pilot and escort cars in the accounting, and figured they would be a significant expense?
Where those deducted before the Reported revenue (LS reimbursed expense)?
Out of curiosity what is the normal accounting for paying for those guys? Who gets the bill carrier, truck, truck owner, agent/broker?Feedman and blairandgretchen Thank this. -
I can pay pilots cash/com check or submit invoice with paperwork to LS and have them pay - for a fee of course.
Permits bill to LS under my truck number and are paid - with a fee of course . . .Feedman Thanks this. -
blairandgretchen and Feedman Thank this.
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Blair, looks good.
Just as an aside, being a door slammer at Schneider netted nearly the same.
I only say this for folks that are considering which way to go. Yes, the rates for ya'll are much better, but the expenses are much higher. My net was $118,605, (gross $168,000).......less probably $5-8k for local stuff (tires, accountants, whatnot).
Happy New Year......and didn't mean to hijack you.RStewart, blairandgretchen, T.Rucker and 1 other person Thank this. -
blairandgretchen, Old Man and Feedman Thank this.
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And you're missing the overall point. But, that's to be expected.jsnell, RStewart and The Biggest Dawg Thank this. -
Is that loaded miles or all miles?
blairandgretchen Thanks this. -
Don't want to pry too hard, But I was blind to that aspect of the business as a van.Feedman and blairandgretchen Thank this.
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