Here I am

Pulling campers for FEMA?

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Buying used 5th wheel

Great Pics of Yellowstone

What do you guys estimate that the cost of you truck is?



If you buy stripped down for 30k and drive it 300k miles that's 10 cents a mile not counting repairs. I'd love to do this but would have to see how it pays.
 
GAmes said:
When you use your truck to make money (the example the IRS gives is a taxi) you HAVE to use actual expenses, and can not use the mileage deduction. The ones who can deduct miles use their vehicle to maintain their business (like a plumber). Just something else to worry about, keeping EVERY recipt for fuel, maintanence, parts, etc, etc. You can take the standard deduction for meals, but the day you leave home and the day you return are only 3/4 deductions.



Games are you sure about that?



I have always been under the impression that you can deduct either miles, or actual expenses, but not both.



But I could be very wrong.



If you are right, then a lot of people I have talked to are wrong just like I am :)
 
DBabbitt said:
Decided to try the "FEMA" thing. I've now pulled two 30' campers for Horizon at 1. 06/mile from Wakarusa, IN to Purvis, MS. Round trip can be done in 2 days, about 17 hrs each way. I have family very near Purvis so I have a rest point between trips and sleep in the back seat mid-trip. Horizon has pretty clean showers for drivers available 24 hrs. They are a pretty organized operation. You can stay loaded with no waiting to get a load if you call ahead. Don't know how long I will keep doing it though because of the empty runs back. I would like to find some backhauls if anyone has any ideas.





DBabbitt, or anyone else that is pulling FEMA trailers for Horizon , I have a few questions. If you could give me a call my cell # is 724-433-7846



Thanks,

Scott
 
PatrickCampbell said:
Games are you sure about that?



I have always been under the impression that you can deduct either miles, or actual expenses, but not both.



But I could be very wrong.



If you are right, then a lot of people I have talked to are wrong just like I am :)





As per the IRS website. If you are for hire actual only. You can NOT use the mileage deduction. If you keep a good record and watch for every little deduction you can pay little or no tax every year.
 
PatrickCampbell said:
Games are you sure about that?



I have always been under the impression that you can deduct either miles, or actual expenses, but not both.



But I could be very wrong.



If you are right, then a lot of people I have talked to are wrong just like I am :)



The IRS instruction book is very explicit, if I was at home I'd quote it to you. However, I also know a lot of drivers who are playing IRS roulette and there is a very good chance they won't be caught. To me, the gambling ratio isn't high enough so I write the check
 
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