Hey guys so I currently have one of my trucks in my personal name and I’m getting ready to title and register another but I’m not sure what the benefits are of having it under my business name. I’m sure there are some I just don’t know what they are if anybody could give me some advice on this I would appreciate it. Thanks in advance
Truck in personal name vs business name
Discussion in 'Ask An Owner Operator' started by Mcast3092, Jan 31, 2022.
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Depends on the business ask a lawyer.
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Start an LLC, relieve your self and your property of anything there is really no difference between DBA and a LLC
Mcast3092 Thanks this. -
I have an LL
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remember, person asset protection doesn’t happen if you are an owner operator.wis bang and blacklabel Thank this. -
LLC is only personal asset protection from creditors, not from liability suits, and if you plan on hiring employees or a business partner.
wis bang, ProfessionalNoticer and TallJoe Thank this. -
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I could give you my 2c on here, but you're often better served paying a fee for concise advice.ProfessionalNoticer and Mcast3092 Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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