@notarealperson2023 that's a illogical no common sense question. Taxes are illegal period. Answer this. Why do I have to pay the government everytime I drive on the highways, and if I don't pay then they threaten me to take away my license?? Do you think that's right. Stop justifying robbers dressed in suits and ties 👔 pretending to be your government.
Not really if u look it’s the fuel that really got him and he’s renting a truck through a company probably would’ve had a bit more if he financed his own
Good place to start I reckon, but 1500ish after all the deductions and taxes per week is only going to be about 75k a year in real bring home. If you're having to pay for repairs and maintenance on that truck that'll eat it up pretty quick. Not trying to knock your hustle man. Go get it and I hope you're successful!
@@Realogn No. That's not how that works. Would he gain a small tax advantage from write offs? Yes, but he would have to spend money out of that 1500 a week bring home to make a purchase to have a deduction, to gain a little of it back in taxes. If you make 1mill a year but spend 900k a year, yeah you only get taxed on the 100k, but you also only made 100k, and in this instance that other 900k would have went to the company he was renting from. He even states later on in the comments that this turned out to be a bad deal. That's why I wasn't disrespecting the hustle just giving advice based off having been in the decision making end of business for a long time. If it don't make dollars it don't make sense. And that business model didn't make dollars. Now, having the hustle mindset and understanding that experience, he can go on to make decisions in business that do make dollars.
I did that once with Bae and Bae when they had me do a $6800 load from Idaho to Pennsylvania. And a load from Minnesota to Utah to get there. But it seems like they never want to give you this type of fortune often.if they would’ve gave me that cross country route I would have stayed in the truck for a couple of months.
His actual deductions were over 4k, he made 2600ish after deductions. Then taxes so real bring home 1500ish. You know the government loves to hit business owners with that extra self employment tax. Top of page in beginning of video shows actual totals.
Great video ❤ I have issues getting an apartment because I couldn’t get paystubs and bank statements until I had no option than to purchase the from an online vendor
So he made $2600 out of all the expenses.. but he’s renting the truck not lease purchase which makes more sense cause you pay less then if you were to do a lease purchase
when you take out the crazy truck payment its actually a decent week. But 85cent a mile plus a 750 a week truck payment is wild the company is big winning
Seems that you minimize a lot of risk by simply owning the truck instead of putting a down payment and paying it off Blud made 7k a week, but it got brought down to 3k a week(Net)
After all your expenses equipment maintenance and taxes you make $1200 a week with all the liability and headaches owning your own equipment not worth it , know your number take time to add everything not on a one week or month average but yearly
He made 10 bands in all if u pause it and pay attention.. most of the deductions look like they came out on their own and the cut he has left is 4900 close to 5 u shouldnt have too many break downs in a week or even a month if u dont save before u go to be ahead and on then put back real money into your self youll feel how all the negative ppl feel if u relly bout it go for it
Look at the very beginning of the video, top is overview of earnings, deductions and payments. Made $7564 total. Brought home $2622 after deductions, but still gotta pay taxes on that so really probably 1500ish after all the taxes and deductions.
Look guys its a difference between lease owner operator and owner operator. Not everyone shows the behind the scene but thats all what this is about but there are good lease operator company this one obviously wasnt but if yall want some advice just have great credit, startllc do research, ask around and actually get years in what u really want to do. Because its not impossible but there is money in trucking.
Only down side is you can’t get a tax break for renting there trucks since it’s under there name and your just renting from them I’d recommend renting a truck from the dealer like Ryder or velocity And lease with the company it be much cheaper like $450 A week
That $4,941 is deductions not take home pay for those in the comments. What he made is at the top left. Still a great pay but 2k and 4k are very different
See were they charging weekly truck rental $700+ then additional per mile rental…see that’s the double dipping bullsh …like u paying the middle man & the leasing company
BRUH😂 You didn’t realize, We can, see, ya, MILES you ran, OVER 4500 to gross 7500. You must be at a Chicago company. ROBBERY 🚚😬🤦♂️That many MILES you should have grossed 9-10k just keeping it. Real💯 you worked about 90 to 100 hours that week DAMN. they got YOU🤷♂️🤦♂️ You keep calling ELD.., HEY! Can y’all reset my clock😂😂😂😂😂
@@Motornationz thanks man, I’m working on getting my CDL to up my pay. But I’ll still be with the company. What do you do if you don’t mind my asking???
That’s why you have to get a truck that gets at least 10 miles on the gallon, if you buy a truck that just gets 7 and below it’s called a money pit truck and you’re just blowing all your money on fuel.
No it’s the scimming off the top The actual rate that the company that your lease to hides from you that’s a fact and then has the balls lick you in the eye and they 25 to 15% out with a smile
More than that.....I look at it like this. If I'm still in the truck and not home I'm still at work. Trucking ain't worth it. People better off hitting the books and going to school for 2 years and learning a trade
Lease purchase, but to answer your questions u have to pay the same cost as a owner operator its just easier to get truck. Owner operator just got everything through loan or saving up.
Hey guys lets be clear im not promoting anyone or the reason why i dont mention the company that i work at is because i got ripped of in the long run. But anyone that is selling any in the comments i have never used any grants to get a truck or to lease purchase or be a owner operator. So please dont imply that i have but for anyone in the comments please do research. I am not responsible for anyone selling anything, and will not be brought up in any legal action.
I'm so excited to Apply at the first time. All Thanks to Patricia Tanner and her proposal channel the Grant writers I hired. I was Approved $55,000 for my Truck Grant business from her service
I want to create a study and get grant money for it. Please can you send me her contact'and how difficult would it be to get grant money from the Government ?
@@Arcel-Dunca Alright thank you for respond and thanks for her link you shear I will get back to you here once I get approve for my own grant l'm so appreciate.
I'm really happy to see a lot of recommendation about Patricia Tannar here, she helped our nonprofit organization in 2022, to get Covid relief grant. She is one of the professionals top grant writer and also a nonprofit leader that has won millions in grant funding for both business and nonprofits organizations. She offer grant writing classes and sessions where she teaches other grant writers and individuals on how to prepare a quality grant proposals and getting fundraise for nonprofits. She's such an amazing woman.
That’s defections my guy. On a settlement they typicallly deduct fuel (almost 3k) truck payment, etc. still made over 2k though not bad. But the fuel is killing him.
@@YoloM-lq6hi correct then still has to pay taxes, which the government loves to throw that extra self employment tax on too, so really he probably brought home 1500 for the week. Which isn't terrible money but it isn't great money either. I don't think he's with that program anymore because they were ripping him off. I hope he used it as a learning experience and has moved on to bigger and better things.
Nah settlement is 2600. Says it on the top left corner. Shit don’t sound right at all. Fuel charge was more than his take home. And they ain’t even took taxes out of this yet.
Taxes should be abolished
That would be up to the people. Government will never harm itself.
How do you think the roads you drive on are paid for?
768.80
@notarealperson2023 that's a illogical no common sense question. Taxes are illegal period. Answer this. Why do I have to pay the government everytime I drive on the highways, and if I don't pay then they threaten me to take away my license?? Do you think that's right. Stop justifying robbers dressed in suits and ties 👔 pretending to be your government.
@Passportbros8 of stfu you probably take more than you put in anyway.
Numbers are bad, these companies really take advantage of you owner/ operators,
Yup
How’s rates per mile for own authority these days ?
That might be so but his take home pay is phenomenal. Rather take home 4 grand that 4 to 500 dollars.
Post your pay settlement. Show us how it’s done
Not really if u look it’s the fuel that really got him and he’s renting a truck through a company probably would’ve had a bit more if he financed his own
That's $2.6K for the week _ take home. That's great man
Taxes and truck maintenance on him. Not that great
@@richkadn9013really it’s not on the company?
@@derbawah he is owner operator so it’s on him
@@richkadn9013oh got it , is it worth it to be owner operator? Or just be a company driver and get paid less?
It’s not on him the truck you lease is under warranty if you pay for maintenance you’re a fool read before you sign a lease@@richkadn9013
Good place to start I reckon, but 1500ish after all the deductions and taxes per week is only going to be about 75k a year in real bring home. If you're having to pay for repairs and maintenance on that truck that'll eat it up pretty quick. Not trying to knock your hustle man. Go get it and I hope you're successful!
But with all the write offs wouldn’t it go back up 🤔 if so then you are tryna knock his hustle
@@Realogn No. That's not how that works. Would he gain a small tax advantage from write offs? Yes, but he would have to spend money out of that 1500 a week bring home to make a purchase to have a deduction, to gain a little of it back in taxes. If you make 1mill a year but spend 900k a year, yeah you only get taxed on the 100k, but you also only made 100k, and in this instance that other 900k would have went to the company he was renting from. He even states later on in the comments that this turned out to be a bad deal. That's why I wasn't disrespecting the hustle just giving advice based off having been in the decision making end of business for a long time. If it don't make dollars it don't make sense. And that business model didn't make dollars. Now, having the hustle mindset and understanding that experience, he can go on to make decisions in business that do make dollars.
Lyft drivers are making that and sleeping in their beds every night
I did that once with Bae and Bae when they had me do a $6800 load from Idaho to Pennsylvania. And a load from Minnesota to Utah to get there. But it seems like they never want to give you this type of fortune often.if they would’ve gave me that cross country route I would have stayed in the truck for a couple of months.
You need to explain those deductions for real. A lot isn’t adding up.
Exactly bruh. I want to know if he's leasing or paying to buy his truck, and how much his insurance is.
His actual deductions were over 4k, he made 2600ish after deductions. Then taxes so real bring home 1500ish. You know the government loves to hit business owners with that extra self employment tax. Top of page in beginning of video shows actual totals.
@@goodymob9638I think he’s renting the truck. He has truck rent payment then per mileage payment
@@Brad_Englishhi Brad
Right fuel alone was 3k
Great video ❤ I have issues getting an apartment because I couldn’t get paystubs and bank statements until I had no option than to purchase the from an online vendor
Really ? Pls more info like a name or something
Deels agency
I saw some people talking about dude but I’m a little nervous and I need some bank statements
On I. G
Alabama & Wisconsin have virtually no tolls. Gotta love it
Hi
The 4910 was all deductions! You still brought home over 2,000 tho.
So he made $2600 out of all the expenses.. but he’s renting the truck not lease purchase which makes more sense cause you pay less then if you were to do a lease purchase
Hi ❤️
Props for putting this out there!
That fuel is something else.
You gotta clarify that this is owner operator money not a company driver money huge difference.
when you take out the crazy truck payment its actually a decent week. But 85cent a mile plus a 750 a week truck payment is wild the company is big winning
@Felixwilliam2 nah im at 2500 local rn
You're renting, but you're also paying for maintenance? And you'll never even own the truck? That is some crazy risk you're taking
Seems that you minimize a lot of risk by simply owning the truck instead of putting a down payment and paying it off
Blud made 7k a week, but it got brought down to 3k a week(Net)
Did he say that?
@@goodymob9638if you read the statement it say’s “Truck Rental” under his expenses
After all your expenses equipment maintenance and taxes you make $1200 a week with all the liability and headaches owning your own equipment not worth it , know your number take time to add everything not on a one week or month average but yearly
By looking at that paystub I know what company you worked for fam
He made 10 bands in all if u pause it and pay attention.. most of the deductions look like they came out on their own and the cut he has left is 4900 close to 5 u shouldnt have too many break downs in a week or even a month if u dont save before u go to be ahead and on then put back real money into your self youll feel how all the negative ppl feel if u relly bout it go for it
Look at the very beginning of the video, top is overview of earnings, deductions and payments. Made $7564 total. Brought home $2622 after deductions, but still gotta pay taxes on that so really probably 1500ish after all the taxes and deductions.
Look guys its a difference between lease owner operator and owner operator. Not everyone shows the behind the scene but thats all what this is about but there are good lease operator company this one obviously wasnt but if yall want some advice just have great credit, startllc do research, ask around and actually get years in what u really want to do. Because its not impossible but there is money in trucking.
@floridabornryan1 can you name a good one. I've been researching for months but I can't find a lease that seems reasonable
If you don’t knock it off! You still have to pay taxes, medical, life, disability and hopefully not child support 🤔😂😂😂
S.m.h
That’s not even tax deductions. All those cuts are business expenses.
Dont forget the governments cut. Thats about 22% of that 4 gs. $3200 check still better than most.
Foh..who the hell is y’all cpa😂😂😂
@@joecool1409joe Biden boy
@@joecool1409Who’s yours 😭
@@ukayhemi6385do the calculations.. that 4.9k is deduction not revenue like he mention
That 4k was deductions its shows 2200ish as actual pay in the top left corner.
Only down side is you can’t get a tax break for renting there trucks since it’s under there name and your just renting from them
I’d recommend renting a truck from the dealer like Ryder or velocity
And lease with the company it be much cheaper like $450
A week
That $4,941 is deductions not take home pay for those in the comments. What he made is at the top left. Still a great pay but 2k and 4k are very different
So 2k a week because it’s 4564 then after truck expenses not just fuel , you make that at saia freight local home daily
I was trying to figure out, who is they that’s getting their cut😂
Hi ❤️
See were they charging weekly truck rental $700+ then additional per mile rental…see that’s the double dipping bullsh …like u paying the middle man & the leasing company
Where on there is shows he only took home $2500
Exactly they got it all wrong the brought home 4,900 and some change for a week. I just got my cdl im up next ✊🏾
They got the 2500 because you have to set aside some money for taxes and maintenance
That’s per week or month?
They pay weekly??
That's not bad especially if you will own the truck eventually
What’s the company you work for ? . Thanks 🙏
Dende express inc
I pay my driver a better salary than that
Peace and blessings…what’s the name of the company?
How much less is a check when you're not an owner operator?
BRUH😂 You didn’t realize, We can, see, ya, MILES you ran, OVER 4500 to gross 7500. You must be at a Chicago company. ROBBERY 🚚😬🤦♂️That many MILES you should have grossed 9-10k just keeping it. Real💯 you worked about 90 to 100 hours that week DAMN. they got YOU🤷♂️🤦♂️ You keep calling ELD.., HEY! Can y’all reset my clock😂😂😂😂😂
What state you work in.?
Who are you renting your truck from ? What was the process like? And are you leased on with someone !
Fuck that 😂 I make that every 2 weeks with my union job and home everyday. I’ll pass
If you don’t mind me asking, which Union?
@@Motornationz local 305 teamsters 💪🏿
@@AudiRu55 Good shit! Congrats on the success!
@@Motornationz thanks man, I’m working on getting my CDL to up my pay. But I’ll still be with the company. What do you do if you don’t mind my asking???
@@AudiRu55 I was a design engineer, but got laid off due to a buy out. Currently looking for employment. 😔
Thats from last year before the rates crash
Hey
DAMN!!!!! $3,000.00 FOR FUEL!!! SMH
I knnnooooow
Or slow down
That’s why you have to get a truck that gets at least 10 miles on the gallon, if you buy a truck that just gets 7 and below it’s called a money pit truck and you’re just blowing all your money on fuel.
Or call one of them young bulls for one of those plastic swipeys
STG! & That’s bad trip planning right there. I could see if you went to PA & CA but nah. That’s Like the truck was never cut off too & bad MPG
Wait.. How'd you get from AL to IL? Then from IL to SC?
He drove.
If your truck isn't payed off, how much is your payment+insurance. Then i want to see your real net. 🤔
Is there company that covers the doctors the fuel and drug test because that's crazy
That's a week. 6/1 to 6/7 on the dates
Who you lease through?
How many hours of your life per week are you spending on the road?
Blessings g, I’m based out of FL and have been looking for a company to lease on to. Think we could chop it up. Phone, email?
What company is this?
Where is this?
3000 in fuel what you paying $5 a gallon and getting 5mpg
And dead head from AL to Il the deadhead to SC
I call BS
He only paying $20 for tolls 😢 I’m paying 600 a week
No money for to much work… I made more then that 20 years ago..in a week..smh
It’s the fuel that make it bleed so bad tbh
No it’s the scimming off the top The actual rate that the company that your lease to hides from you that’s a fact and then has the balls lick you in the eye and they 25 to 15% out with a smile
Im an owner operator im looking for a trucking company that pays like this forward me some info bruh
50$ per drug test u take that every week?
Is this a week?
Nice work
#malikpuwan
Yea probably worked for 150+ hours a week to make that. Stop selling people hopes and dreams, the trucking industry is going to shit
More than that.....I look at it like this. If I'm still in the truck and not home I'm still at work. Trucking ain't worth it. People better off hitting the books and going to school for 2 years and learning a trade
S.m.h
What company
Hi matt
Anybody catch that last part? 🤔
Are u still with them??
Nicce🎉
Bruh this isnt good. You shouldnt get into trucking if you cant buy the truck upfront you are paying someone elses truck off for them.
3k a week better than $800 every 2 weeks
No trucking company pay 800 every to weeks youll get atleaste 1600 within that period after taxes so it’ll be doubled basically
Is there anyone available near NJ?
Irs is sharks they need ty abolished
Can u please tell what the dead end and loaded mileage was?
Is this weekly?
You people need to learn math and how numbers work... He brought home roughly $4900... The cut they took was roughly $2000 something
No, he brought home less than $3k..
Take your own advice.
how many miles? are you truly "owner" operator when rentinig
Lease purchase, but to answer your questions u have to pay the same cost as a owner operator its just easier to get truck. Owner operator just got everything through loan or saving up.
What company???
What was the cut for the truck note?
I make that as company driver home everyday off weekends, benefits, 6 weeks vacation and 10 paid holidays
Where?
@@dwaynebrown8572 J & D Equipment Hauling out of Lebanon TN
helpful. jk. WHERE
I work for the same company hehehehe
Name company??
Is owner op and lease op the same thing? Im considering lease purchase
No owner op you own the truck lease is a partnership
Wats the company name?
Hey guys lets be clear im not promoting anyone or the reason why i dont mention the company that i work at is because i got ripped of in the long run. But anyone that is selling any in the comments i have never used any grants to get a truck or to lease purchase or be a owner operator. So please dont imply that i have but for anyone in the comments please do research. I am not responsible for anyone selling anything, and will not be brought up in any legal action.
Is this a pay settlement from Prime Logistics Corp or PRIME INC.?
What is the company called?
Navinix LLC
Dnt work for them they will rip u off
I'm so excited to Apply at the first time. All Thanks to Patricia Tanner and her proposal channel the Grant writers I hired. I was Approved $55,000 for my Truck Grant business from her service
I want to create a study and get grant money for it. Please can you send me her contact'and how difficult would it be to get grant money from the Government ?
Patriciatannerhelp
Gma!L
@@Arcel-Dunca Alright thank you for respond and thanks for her link you shear I will get back to you here once I get approve for my own grant l'm so appreciate.
I'm really happy to see a lot of recommendation about Patricia Tannar here, she helped our nonprofit organization in 2022, to get Covid relief grant. She is one of the professionals top grant writer and also a nonprofit leader that has won millions in grant funding for both business and nonprofits organizations. She offer grant writing classes and sessions where she teaches other grant writers and individuals on how to prepare a quality grant proposals and getting fundraise for nonprofits. She's such an amazing woman.
This pay stub per week or per month dude??
Weekly
@Felixwilliam2 Yes
You renting a truck?
His net was 4900 yall trippin that’s 5k a week
That’s defections my guy. On a settlement they typicallly deduct fuel (almost 3k) truck payment, etc. still made over 2k though not bad. But the fuel is killing him.
@@YoloM-lq6hi correct then still has to pay taxes, which the government loves to throw that extra self employment tax on too, so really he probably brought home 1500 for the week. Which isn't terrible money but it isn't great money either. I don't think he's with that program anymore because they were ripping him off. I hope he used it as a learning experience and has moved on to bigger and better things.
Nah settlement is 2600. Says it on the top left corner. Shit don’t sound right at all. Fuel charge was more than his take home. And they ain’t even took taxes out of this yet.
There plowing u
💯
So if the truck breaks down, who pays?, since you are renting it.
Me unfortunately
@@floridabornryan1 maintenance too I assume?
what company you working for
Screw that
Or is that weekly
2,622.66 takehome. 🤔
How many hours
They robbing u
What company is that
Im not gonna give company because its not a good company but i can only blame myself it was a bad time because fuel was too high
What company is this?