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-   -   Owner Operators Net Income? (https://www.classadrivers.com/forum/owner-operators-forums/17604-owner-operators-net-income.html)

Teal 95 KW 05-28-2006 02:26 PM

True. You could look at a 1099 and see a gross income of $250k. :lol:

That would pay for a LOT of U-Haul rentals!

Rev.Vassago 05-28-2006 02:41 PM

I ran a net loss last year, and here's to hoping it will happen again this year!

Teal 95 KW 05-28-2006 02:43 PM

hahaha..you don't hear alot of people say that.

05-28-2006 02:57 PM

Dang! You mean we're suppose to making money? :roll:

Teal 95 KW 05-28-2006 03:00 PM

Maybe just enough to buy you a grammar lesson? :lol:



</ducks so you can't hit me>

Rev.Vassago 05-28-2006 03:16 PM


Originally Posted by Teal 95 KW
hahaha..you don't hear alot of people say that.

I love depreciation, and I love my accountant!

Blue Heeler 06-01-2006 10:02 PM



I love depreciation, and I love my accountant!
150+k & I'll second that one about the accountant! just out of curiosity how can you make it on less than 150k?

allan5oh 06-02-2006 05:33 AM


Originally Posted by Rev.Vassago
I ran a net loss last year, and here's to hoping it will happen again this year!

Wait a minute, if you ran a net loss, how in the sam hell are you in the 100k+ NET range?

Blue Heeler 06-02-2006 07:25 AM

easy, if your expenses are more than what you took in, payments, mileage, fuel, payroll, parts. last year I did show a profit, just in case I want to borrow $. but it was so minor.

Rev.Vassago 06-02-2006 11:03 AM


Originally Posted by allan5oh

Originally Posted by Rev.Vassago
I ran a net loss last year, and here's to hoping it will happen again this year!

Wait a minute, if you ran a net loss, how in the sam hell are you in the 100k+ NET range?

Because I wasn't in the game for a full year last year.

I bought the truck in June, started in July, and took all of December off.


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