Author Topic: Hauling Heavy- Recreational Vehicles  (Read 8509 times)

M4wdFab

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Re: Hauling Heavy- Recreational Vehicles
« Reply #45 on: March 21, 2016, 08:14:20 PM »
ya, DOT would kick his ass in 5 minutes.  jersey does allow RV plate on his tractor.  he still breaks federal law 26K lbs

M4wdFab

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Re: Hauling Heavy- Recreational Vehicles
« Reply #46 on: March 21, 2016, 08:26:29 PM »
 a 2 minute google search says he is a race team and business corporation since 2009....

rejeep

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Re: Hauling Heavy- Recreational Vehicles
« Reply #47 on: March 22, 2016, 08:11:38 AM »
there are some shady ways to set things up...

I still don't understand why you don't have everything in an LLC..
There are some advantages to a "race team"
I never wanted a red car.. always thought they were tacky and common...
I now have 4 very not common cars and they are all red.. :o

M4wdFab

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Re: Hauling Heavy- Recreational Vehicles
« Reply #48 on: March 22, 2016, 09:28:30 AM »
i dont have an LLC because of the additional regulations the C brings

tax benefits don't exist when you have 0$ of income.  No way regardless to offset my taxable Delphi income. (apparently years ago this was possible as i am told from older coworkers who raced)

Trying to make something not look like a hobby is a waste of books time.


rejeep

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Re: Hauling Heavy- Recreational Vehicles
« Reply #49 on: March 22, 2016, 09:35:02 AM »
valid points..
I was thinking more the liability of it all...
I never wanted a red car.. always thought they were tacky and common...
I now have 4 very not common cars and they are all red.. :o