Work Business Truck Pros and Cons

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JBarker
Posts: 750
Joined: Wed Jan 23, 2019 9:07 am
Location: Wills Point, Texas
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Work Business Truck Pros and Cons

Post by JBarker »

I'm looking for the pros and cons for purchasing a new (used) work truck for windmilling. Can anybody recommend if I should put the truck in my name or the business name? Thanks
Jerry Wade Barker
Wills Point, Texas
214-893-2864
www.farmhousewindmills.com
farmhousewindmills@hotmail.com
hedgerow
Posts: 232
Joined: Wed Jun 12, 2019 6:26 pm

Re: Work Business Truck Pros and Cons

Post by hedgerow »

I would think that would be a question for your tax person and your insurance person. I know different states have different laws on how that has to be handled. I know with our farm trucks its gets a little unclear on using the truck for business or personal and how the truck is titled.
CTXmiller
Posts: 1104
Joined: Sat Dec 15, 2018 12:01 pm
Location: Waco, TX

Re: Work Business Truck Pros and Cons

Post by CTXmiller »

Several options if you opt not to put it in your name:

https://www.sos.state.tx.us/corp/busine ... ture.shtml
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windybob
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Joined: Mon Jan 14, 2019 5:59 pm
Location: Ames Oklahoma

Re: Work Business Truck Pros and Cons

Post by windybob »

Talk to the tax guy.
Call Dan Benjamin for parts. P M me for the phone number. IF YOU TALK TO HIM, AND HE HELPS YOU, THEN BUY FROM HIM. IT CREATES GOOD KARMA.
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