What about insurance??? You need commercial insurance to drive black correct? What is the cost of that month and how come you’re not detecting this and showing this spreadsheet on your earnings and expenses?
2:08 you mean $4,500, not $45,000 in taxes ? My accountant told me that there's no advantage if I put my money into my S Corporation, unless I have corporate TLC plate here in NY, I don't know about LA though
Very helpful video. Could u also make a video about best spots and times to work. Like your schedule should be during a day. As I understood you are in LA, so u can use that as example. Thank you man, keep going 👍
In New York you don't need to have commercial registration and no need to buy a car under company name. The problem buying a car under company name is you can't get any 0% financing deals. Dealer's they never sale for 0% financing to companies only to individuals. And it's a big factor when you buying a new car. Also if you want to drive for uber black only buy a new car and for uber x only used cheapest car you can find.
I've seen some people in LA driving Uber black with regular plates with no TCP. They're never suburbans and escalades, always some less common cars like Tesla Model X or MB E class/BMW 5 series (all very new). Do you know how they became qualified without TCP and just with regular registration? (Their license plate is not commercial plate so I assume it's not a commercial registration).
There are some people who do it illegally. They can put any car and any color to do uber black. Many people who do it legally are trying to fight illegal drivers. In 2020, Uber did clean them up, but they found other way to do it
Let me tell you logic behind that, most of them are not fake cars but they do have commercial insurance and tcp, however, they choose not to put commercial plates and tcp stickers, because that marks them as target in the airport. The authorities at the airport are not your friends.
Thanks for the video! I have another question. Lately I hear from more and more drivers that there are some who are using bots like call grabbers. What you know about this , is it possible? In LA is really bad last 2 months, not many black calls! Thx
if its an suv, thats what the normal now which is actually sky high, but hey you are in california where all the greed is. i pay 8k for bmw 530e , my deductable was 500$ but with this new policy it is $2500 deductable because i cancelled my policy before. so i have the same policy with more deductable
If it's your first time and/or bad insurance history yes that is cheap. Audi A8 L 2018 was quoted for $1M +$1M UM/UDI which is about $600/mo but suv in MOST states needs more coverage, in Virginia where I live they need $1.5M
⚠️TELL HIM UR REPORTING HIM TO IRS FOR DENYING TO ASSIGN INCOME UNDER CORRECT BUSINESS. If you opened your business w business documents in 2022.... then HE MUST REPORT UR PYMT ON 1099 TO THE BUSINESS NAME U GIVE HIM. PERIOD. He does NOT get to "CHOOSE" for you!!!! Tell that Man u Rented from.... TELL HIM YOU WILL CALL IRS AND REPORT HIM for Refusing to assign 1099 correctly. Now... if u started your business in like 3rd or 4th quarter (summer'ish-end of year), then idk, your tax accountant should have all info... IM NOT IT LOL, it just upset me u said he refused to.
@@KhushnudNumonov it’s problematic for everyone in US, even citizens. There is no law that requires to pay income tax, but if you don’t pay you go to jail. IRS is the different level of mafia 😅😂
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I got approved for uber black
So, I are you satisfied ?
how did u do?
I specialize in commercial auto loans and can help finance or refinance plus I have very good commercial insurance contacts if anyone needs some help
Are you open for a small interview about commercial auto loans?
Wht u recommend driving Uber wid rav 4 hybrid in LA ..??? Need some good advice…??
What about insurance???
You need commercial insurance to drive black correct? What is the cost of that month and how come you’re not detecting this and showing this spreadsheet on your earnings and expenses?
Can you do Uber black if My car interior is brown But I buy premium leather black seat covers and cover it?
2:08 you mean $4,500, not $45,000 in taxes ? My accountant told me that there's no advantage if I put my money into my S Corporation, unless I have corporate TLC plate here in NY, I don't know about LA though
You should have filed a lawsuit against the guy for not sending you the money to your business account. I would still talk to a lawyer
U r putting ur SS Retirement in jeopardy w this terrible advice
Very helpful video. Could u also make a video about best spots and times to work. Like your schedule should be during a day. As I understood you are in LA, so u can use that as example. Thank you man, keep going 👍
Black it’s dead already
Сэнкью вэри мач, рахмет, спасибо
In New York you don't need to have commercial registration and no need to buy a car under company name. The problem buying a car under company name is you can't get any 0% financing deals. Dealer's they never sale for 0% financing to companies only to individuals. And it's a big factor when you buying a new car. Also if you want to drive for uber black only buy a new car and for uber x only used cheapest car you can find.
Are there hybrid vehicles available for uber black or premiere?
it doesn't matter if you had single llc , you dont need s corp for this dah!!
I've seen some people in LA driving Uber black with regular plates with no TCP. They're never suburbans and escalades, always some less common cars like Tesla Model X or MB E class/BMW 5 series (all very new). Do you know how they became qualified without TCP and just with regular registration? (Their license plate is not commercial plate so I assume it's not a commercial registration).
There are some people who do it illegally. They can put any car and any color to do uber black.
Many people who do it legally are trying to fight illegal drivers.
In 2020, Uber did clean them up, but they found other way to do it
@@KhushnudNumonov wow！didnt know thats illegal！
Let me tell you logic behind that, most of them are not fake cars but they do have commercial insurance and tcp, however, they choose not to put commercial plates and tcp stickers, because that marks them as target in the airport. The authorities at the airport are not your friends.
@@KhushnudNumonov u mean against Uber policy, I don't know they passed a bill congress about which car Uber black can use, lol
They don’t have TCP or commercial insurance. I have seen many drivers with regular license plates and those ppl are fake Uber accounts all are scam
Your videos are so helpful. Ty for all ur insight and advice. I would love to see how you’re doing now with Uber black / Lyft
How do you like the XTS
Live everything but don't like transmission that much
Thanks for the video! I have another question. Lately I hear from more and more drivers that there are some who are using bots like call grabbers. What you know about this , is it possible? In LA is really bad last 2 months, not many black calls! Thx
I don't know anything about bots. There might be people using bots but who and how is unknown.
Your accountant should be able to refile your taxes and get you that money back. Get a more professional accountant
Are you a more professional accountant?
Спасибо брат
i consider move California doing uber black with city preferred LA or San Francisco?
Sf
#notataxadvisor
Soon you’ll be making more money from TH-cam than black.
With all do respect Good luck
Why did you get s corp and not llc???
For tax purposes. I can write off more things with s corp
Привет, можешь дать ссылку на ваш тг чат ?
t.me/+L7g8WUH0IuYyZDE5
I’m being quoted $10k a year for livery insurance!! That’s needed for black. Does that sound right? Insane
What car you have?
if its an suv, thats what the normal now which is actually sky high, but hey you are in california where all the greed is. i pay 8k for bmw 530e , my deductable was 500$ but with this new policy it is $2500 deductable because i cancelled my policy before. so i have the same policy with more deductable
If it's your first time and/or bad insurance history yes that is cheap. Audi A8 L 2018 was quoted for $1M +$1M UM/UDI which is about $600/mo but suv in MOST states needs more coverage, in Virginia where I live they need $1.5M
Пасиб друг
Can you do uber black if your car interior color is Jet black?
Yes
Thanks.
Is there a mileage limit required on a car?
is there uber black or uber premier in Ottawa Ontario?
All thanks to #Spark_Techz he was able to help out on this bro he can help you out
ON INSTAGRAM
⚠️TELL HIM UR REPORTING HIM TO IRS FOR DENYING TO ASSIGN INCOME UNDER CORRECT BUSINESS. If you opened your business w business documents in 2022.... then HE MUST REPORT UR PYMT ON 1099 TO THE BUSINESS NAME U GIVE HIM. PERIOD. He does NOT get to "CHOOSE" for you!!!! Tell that Man u Rented from.... TELL HIM YOU WILL CALL IRS AND REPORT HIM for Refusing to assign 1099 correctly. Now... if u started your business in like 3rd or 4th quarter (summer'ish-end of year), then idk, your tax accountant should have all info... IM NOT IT LOL, it just upset me u said he refused to.
The crazy part is there is no law that says people have to pay income tax in US 🤨 look it up, crazy stuff 😅
For immigrants, it will be problematic.
@@KhushnudNumonov it’s problematic for everyone in US, even citizens. There is no law that requires to pay income tax, but if you don’t pay you go to jail. IRS is the different level of mafia 😅😂
yes it was meant to be temporary and gov liked the $$$ and keep taxing people
Какая важная деталь,я тоже думал пойти купить себе сабурбан,и пойти работать)теперь буду знать )
Thanks this helped me out a lot