What the best state to move my trucking company to?

Texas,I worked for a small company,he moved from California to Houston.Loves it here.He just moved his home and shop here,still runs the same routes.

 

I don't remember what exactly it is, but if you Google best states to live in or you Google best states for tax advantages that kind of a thing you'll find a whole lists of everything you're looking for

If you are out and away from any major city your insurance would probably be reasonable. The cities, like with everything else, are the worst.

 

Of these....I'd opt for either TX, or TN:

Best and Worst States for Trucking Companies - (ezinvoicefactoring.com)

In a bad recession, my take is that Texas would probably still offer the most stepdeck opportunities.

When the economy rebounds, Texas will likely be leading the charge.

Less ice and snow in Texas, as well.

Plus: there's that Texas BBQ......

--Lual

 

Well TN and FL have no personal income taxes. I wouldn't move to FL simply because a decent freight rate at best is iffy from there. Plus I absolutely cannot deal with all the tourist. I lived there before. I looked into TN simply because of the tax structure (LLC too) there are areas where the property (per acre) is reasonable. Plus the number of interstates crossing the state is a plus. I live in Alabama and have not had issues with the government getting in my business. I'd look into the cost of insurance as well before deciding as each state is different
Here’s which states are best, worst for truck drivers financially
Top 5 Best and Worst States For Trucking - 123Loadboard
Best and Worst States for Trucking Companies -

 

There is plenty of room in Oklahoma. A lower cost of living. They will appreciate you more.
Every time I drive up 69/75 from Colbert to Joplin, I see towns that are half deserted just waiting for people to move there and hang out a shingle.

 

Hawaii...

 

I would start by requesting data from each states trucking association, as it pertains to my operation. I would check load board services like DAT that shows vital freight information, volumes and detail. A commercial real estate agent, and my CPA and or attorney for their insight as well.

 

Recently did a full breakdown on both cost of living personally as well as the buisness end TN to IN (single operator), its a wash because tn gives you 0 breaks on sales taxes, doesnt matter if its commercial or not and they are pretty high. 0 income tax is nice, but taxes are about equivalent unless you just dont spend your money while living in TN.