I stead of tossing the used equipment just sell it. That or during the off season fix them up and give them a tune up and get another season out of it.
Hey man, I would pickup all your “junk” equipment. I’m not as fortunate to be so profitable just yet as I’m at that beginning stage of getting the wheels turning but it’s been fun I’ll never give it up… a backpack blower would help substantially and I wouldn’t mind yanking on it to get er running it’s not like I don’t have to do it now sometimes
Yo I love kombisystem. Instead of having 10 different tools with their own power head, having two power heads and having the option to pick between 10 different tools saves space and money
Wooooow!👏👏👏 What an equipment, I saw a lot of lawn care equipment in RUclips, But! You are the only one I saw you have a lot of tools and machine, Wooooow 👍👍👍
I will look into the ramp racks, they look good. I would like to try one setup. Unfortunately we have to catch a lot of grass in our market so I generally use dump trucks with trailers.
Yes very true but if your trying to minimize time spent from employees specifically entry level ones who can't really swang a trailer very well an your paying them this is a really good option but if your like solo I wouldn't recommend this
I have a lawn mower repair shop in socal we had a customer blow up the oem Kawasaki engine so we Honda swapped it came out pretty good I wish it was an oem option
It's insane how much costs have increased. $3000 retail and $2.2k discounted only 3 years ago. Now they're $4100 retail. Just ridiculous! I could get an entire trailer for that price!
About to inherit my fathers business this is the stuff I need to learn and know about. I want my guys to have insurance a 401 and good pay. Take care of your staff they take care of you
I think it's about 40 perfect savings, so you buy a new truck, it's like getting 40 percent off the truck,( money you would have given to Uncle Sam) still gotta have the other 60 percent though and the need, good video
Was the jacket an end of the year right off too. Looks like it hasn’t been worn while working.... sorry, just being a wise ass.... it was a very good video.
If you are going to sell it this year, I would recommend having the replacement purchases (other gasoline trucks) ready to be bought. That way you don’t get a big tax on selling the diesels and the new purchases can use a Section 179 to offset the asset sale. Otherwise, just wait till after January 1 would be my recommendation
Got it. As long as I’m profitable, buy relevant equipment at end of year to avoid giving the damn government my hard earned money. Absolutely. Yes. Yes I will.
hello, I have a question all videos I see based in America you guys all use a truck with racking, yet here in the UK we use vans or our tools would go for walks. any reason why trucks are preferred?
Whats your thoughts on buying backup equipment? I have a backup for everything including truck and trailer but everthing I own is used except handheld equipment.
Definitely a good idea the bigger you become... and you can have cheaper trucks if you have a backup setup and equipment. I would rather have ten $12K trucks with a backup in case one went down.... than to have ten $50K brand new trucks with tons of debt but not needing the backup equipment
@@ericvidal440 you lost me at "ninja". But yes, I'm well aware of Mike's prowess. Its why I was watching in the first place. Lots of gems in each of his videos...
There used to be a gun shop by me called Bob's gun exchange he was a genius his business was registering as B.G.E Inc so guys could by there guns with there business
What is your opinion in a partnership? My business is still small, under $100k and I work full-time. I plan to rebrand in 2022, form the LLC, and start pushing more marketing. With my health issues, I'm better off trying to work my way out of the field work later on. The interested party in a U.S. Citizen and likes sending the colder months in his home country. He's a good person, but I don't see any pro's to having a partner as I feel it could go two ways. They could push me further than I'd ever expect to go with the business, or push me into selling later as I couldn't cover the 50% to buy them out if they so desired. Thank you.
Long story short, I’ve never been a big fan of partnerships. I have seen too many end poorly. There are some incredible partnerships but they are rare.
@@itzguccigame8725 Thanks for the info... I will be looking into this more. We need more educated comments like yours in these replies. Thank you have a great day!
@@MikeAndes Thanks, watching from the Caribbean island of Antigua and Barbuda. 365+ beaches. Be sure to visit us one day. Keep up the good work, Blessings.
Best way to submit questions is join the texting platform... every few weeks I take questions and answer them 👍🏻 (info is in the description of the video)
Would you be interested in selling the equipment you get rid of ? I buy used and new but I work on equipment also the statement of hard to start on a cold morning after they get 4 seasons old is false I have a fs90r 7 years old still in service still starts on 2nd or 3rd pull on cold mornings and 1 or 2 times on hot days
@@MikeAndes you didnt read it wrong i just left out detail. But yes you would have to pay taxes on the profit but you would still be making money and could do it again
Nice video. I don’t know if you know but I believe someone hacked into your account in the last video I watched I got all these weird replies. Thanks 🙏
![HE'S ONLY 15 YEARS OLD & CRUSHING IT!! [GABE'S LAWN CARE]](http://i.ytimg.com/vi/Y53qX20mVa0/mqdefault.jpg)
You’re always bringing nothing but facts to the table man. Respect to you and thank you for this content.
The simplest way to explain: reinvest your profits on more equipment or you will be paying taxes on the profits.
I stead of tossing the used equipment just sell it. That or during the off season fix them up and give them a tune up and get another season out of it.
Hey man, I would pickup all your “junk” equipment. I’m not as fortunate to be so profitable just yet as I’m at that beginning stage of getting the wheels turning but it’s been fun I’ll never give it up… a backpack blower would help substantially and I wouldn’t mind yanking on it to get er running it’s not like I don’t have to do it now sometimes
Was thinking same thing lol
Yo I love kombisystem. Instead of having 10 different tools with their own power head, having two power heads and having the option to pick between 10 different tools saves space and money
Yes. This is the info that gets us all to the next level. Thanks for sharing. Love those ramp racks too!
You can always sell good used equipment, especially the Stihl products.
Wooooow!👏👏👏 What an equipment, I saw a lot of lawn care equipment in RUclips, But! You are the only one I saw you have a lot of tools and machine, Wooooow 👍👍👍
Man I would take your old equipment anyday. Any potential a solo starter could hit you guys up for some trash equipment?
I will look into the ramp racks, they look good. I would like to try one setup. Unfortunately we have to catch a lot of grass in our market so I generally use dump trucks with trailers.
@@MatthewSmith-uf6tr for you?
Yes very true but if your trying to minimize time spent from employees specifically entry level ones who can't really swang a trailer very well an your paying them this is a really good option but if your like solo I wouldn't recommend this
I have a lawn mower repair shop in socal we had a customer blow up the oem Kawasaki engine so we Honda swapped it came out pretty good I wish it was an oem option
I would love to take that old equipment off your hands. Great video!
It's insane how much costs have increased. $3000 retail and $2.2k discounted only 3 years ago. Now they're $4100 retail. Just ridiculous! I could get an entire trailer for that price!
@mike andes what you do whit your ‘old’ machines?
Great video. The ramp racks look super. We have a similar rack from a different vendor, we love it.
Best tax deductible item, raises,401k, education for employees, insurance for your guys/gals.
Also pay yourself threw dividends and give employees dividend payouts
About to inherit my fathers business this is the stuff I need to learn and know about. I want my guys to have insurance a 401 and good pay. Take care of your staff they take care of you
Don’t throw them away give them away
"Your not trying to evade your taxes" 💡 for the next video maybe! 😄
Thanks Mike, stay warm.
No scythes
I think it's about 40 perfect savings, so you buy a new truck, it's like getting 40 percent off the truck,( money you would have given to Uncle Sam) still gotta have the other 60 percent though and the need, good video
Just a heads up, the 111R and 131R weigh the exact same @ 9.7lbs.
And just a small/big tip about 2/4 stroke trimmers... Buy Stihl FS120R, which ones are 2 stroke and will last way more than all 4 stroke 111, 131....
What's up, you are a smart Young man Keep it up.👍👍👍
One question do you sell them or what do you do with them
Sounds like you need to adjust the valves on your Stihl kombi
Just subbed. Keep putting us up on game bro!
I actually loved the raw non edited part of the video hhaha
🤣
Always giving lots of value sir, thank you!!!
Great vid. Ever have a yard sale? Asking for a buddy....lol
I Would Love Some Of Your Throw Outs To Help Me Grow If That's Ever A Consideration
Gotta spend as much as you should. I'm a big one for not giving money to the government 🤷♂️🤣
Super high energy in this one lol
Was the jacket an end of the year right off too. Looks like it hasn’t been worn while working.... sorry, just being a wise ass.... it was a very good video.
🤣
Awesome tips! Thank you!!
You really inspired me
Always good information from this guy
I appreciate that!
I want to live in the storage container
What size trucks are you using with the ramp racks and have you found any issues with having too much weight in the bed?
When is good to sell an asset such as a diesel truck when you are moving away from diesel trucks? This year or next???
If you are going to sell it this year, I would recommend having the replacement purchases (other gasoline trucks) ready to be bought. That way you don’t get a big tax on selling the diesels and the new purchases can use a Section 179 to offset the asset sale. Otherwise, just wait till after January 1 would be my recommendation
Got it. As long as I’m profitable, buy relevant equipment at end of year to avoid giving the damn government my hard earned money. Absolutely. Yes. Yes I will.
Very informative!
😮😮😮 I love seeing all this.
So good as usual 🙏💥🔥
Why not donate to a starter companies, trying to get in the business.
Great video!
i need it all first so now what i do with nothing yet
Or you can give you employees a nice Christmas bonus
"Because I'm a good little boy" hahahahahaha
Can you write off items with only a EIN number? Or do I need an LLC?
hello, I have a question all videos I see based in America you guys all use a truck with racking, yet here in the UK we use vans or our tools would go for walks. any reason why trucks are preferred?
Vans are just more common in Europe. We also specifically have to remove clippings when mowing
@@MikeAndes thanks Mike, good info, and great videos.
Mike Andes, UNCUT!
Whats your thoughts on buying backup equipment? I have a backup for everything including truck and trailer but everthing I own is used except handheld equipment.
Definitely a good idea the bigger you become... and you can have cheaper trucks if you have a backup setup and equipment.
I would rather have ten $12K trucks with a backup in case one went down.... than to have ten $50K brand new trucks with tons of debt but not needing the backup equipment
Excellent 😎
Great quality video!
To be a corporation would I be required to have employees other than myself?
Parking break? Mine doesn’t have one. Why?
If you are on slope, I guess...
Great video. Kinda looking like a kid who got into his dad's closet and put on his coat, hat & gloves playing dress up...🤣🤣🤣
🤣🤣 when “Small” isn’t small enough 🤣🤣
I'm just jealous. 2XL life over here...lol!
Dont let this kid fool you , he is a lawncare care ninja , he will destroy the competition ,with no mercy
@@ericvidal440 you lost me at "ninja". But yes, I'm well aware of Mike's prowess. Its why I was watching in the first place. Lots of gems in each of his videos...
@@MikeAndes 🌟
WHAT IS P FOR P?
Productivity for payment?
Pay for performance
As a owner it’s all easy to just go out and buy random shit lol. I now just ask my workers what we need.
Exactly 😃👍🏻
Great video
Equipment heaven😂😂😂
Are the trucks 4 x 4 or just rear wheel drive?
We got a couple of both
There used to be a gun shop by me called Bob's gun exchange he was a genius his business was registering as B.G.E Inc so guys could by there guns with there business
I want to know what to do it’s located so I can buy some things off of him
😂equipment heaven😂
Awesome
Do you ever give old equipment away to your employees?
Keep talking G!
What is your opinion in a partnership? My business is still small, under $100k and I work full-time. I plan to rebrand in 2022, form the LLC, and start pushing more marketing. With my health issues, I'm better off trying to work my way out of the field work later on. The interested party in a U.S. Citizen and likes sending the colder months in his home country. He's a good person, but I don't see any pro's to having a partner as I feel it could go two ways. They could push me further than I'd ever expect to go with the business, or push me into selling later as I couldn't cover the 50% to buy them out if they so desired. Thank you.
Long story short, I’ve never been a big fan of partnerships. I have seen too many end poorly. There are some incredible partnerships but they are rare.
Should of invested in new garage
Have you considered the Ferris fw15? 10hp Honda hydro self-propelled
We have to bag wet grass in the PNW. Don't think the Ferris would be a good fit.
We also don’t have a Ferris dealer nearby
You: let’s record this somewhere else so we can cut it
Editor: goes out of his way not to edit it out 😂
🤣🤣
@@MikeAndes how many trucks do you have?
Did Kohler pay you to say that...😂
I'm teasing
I'll take your equipment throwouts
Y’all more about write offs bro!
With that being said are you a LLC or s corporation?
S Corp
@@itzguccigame8725 Thanks for the info... I will be looking into this more. We need more educated comments like yours in these replies. Thank you have a great day!
Always buy some write offs for the receipt then I literally sell or return them 😂
Be careful. An auditor won’t like that 😉
@@MikeAndes hahahahahaha it was all a big joke! 😂😂 😉
😂😂 u got me. Thank goodness! Someone else in the comments a week ago said the same thing and I don’t want anyone trying that. 🤦♂️🤦♂️
Can you tell me what brand pants you use for uniforms? Thanks.
Not sure. Just found “tactical pants” on Amazon 😃
@@MikeAndes Thanks, watching from the Caribbean island of Antigua and Barbuda. 365+ beaches. Be sure to visit us one day. Keep up the good work, Blessings.
You should at least sell them or something
Do you have an email I can ask you questions about
Best way to submit questions is join the texting platform... every few weeks I take questions and answer them 👍🏻 (info is in the description of the video)
Thise 30" mowers are crap...too heavy and with time you have to push it mire and more.
Would you be interested in selling the equipment you get rid of ? I buy used and new but I work on equipment also the statement of hard to start on a cold morning after they get 4 seasons old is false I have a fs90r 7 years old still in service still starts on 2nd or 3rd pull on cold mornings and 1 or 2 times on hot days
Stihl seems to be the top brand but I just can’t buy . The blowers and weadeaters look ugly so I’ve decided to just stick with echo x series brand
Negative
Buy it with tax bill then sell for profit. Rinse and repeat.
You would still have to pay taxes on the profit... 🤔 did I read it wrong?
@@MikeAndes you didnt read it wrong i just left out detail. But yes you would have to pay taxes on the profit but you would still be making money and could do it again
Or if the equipment “breaks” or gets stolen but u really just sell them for cash and dont report it
Pay more money and get a good tax accountant!
Nice video. I don’t know if you know but I believe someone hacked into your account in the last video I watched I got all these weird replies.
Thanks 🙏
I am sorry. S account wasn’t hacked. Someone made an account with same name and picture and started marketing their Bitcoin garbage
@@MikeAndes got it, thanks for the reply!
You’re kind of cute