How Much I Made In 9 MONTHS With Uber BLACK | How Much I Paid For RENT
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In this video, I go deep into the past weeks and see how much I made with uber. Also, I share how much my gross income, net income, and how much I paid rent for the car. how much I made with uber after 36 weeks?
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I think you should get a loan and buy your own vehicle and look into section 179 in the tax code. Vehicles over 6000 pounds you can write off almost all the cost of the car in 1 year. Basically, the government lets you depreciate out the vehicle in one year rather than 5 or 7 years. Most passenger vehicles are not over 6000lbs, but you can still possibly take the deduction over a couple years instead of one year. The only down side is that you'll never be able to deduct business miles again. You'd have to itemize all your deductions, fuel, etc. Hope that makes sense to you.
I think some models of black luxury SUVs like an Escalade can be 6000lbs. In that case, you should be able to take section 179 and pay off the whole car in a year without your own money.
Getting the loan under a business is much harder to qualify and the loan term is 4 years wirh a 20% down payment.. car has to be registered under business to driver on uber black
@@RafaelsFlixyou can be a guarantor to a business as long as you have great credit history and score
Bro you’re paying entirely too much for that car. I know maybe your circumstances can’t permit you to get yours but try as much to get out of that rental. I got inspired by watching your videos. Just like you I was paying Hertz $3k a month for a freaking Tesla rental. Now I got a suburban and my note is $1030 a month and I’ll be able to make more than I was doing Uber X. Do your best to get out of that rental situation. Goodluck
How is work how much is your weekly average
I’m averaging about $2250/week working 5 days. Been doing it for 3 weeks so let’s see if it gets better or worse. But I’ll consider going 6-7 days during the holidays
@@andrewngendung4358 where can I rent Premium SUV monthly for that rate? any business contact?
What city are you in?
@@andrewngendung4358 Los Angeles
This is a phenomenal video! I hope it gets millions of views ASAP!!
If I could, I'd give you a car for Uber for 10% of your earnings off the top...
But I'm broke...
Still, if I could, you'd be the kind of person I'd do this for.
Why?
One reason is because you bust your chops with all of those hours of work!
The 2nd reason is because you are thorough... You are very detailed and very clear with your communication...
This was an excellent video! Thanks for taking the time to make it and post it!
Thanks Khushnud. Great video. You are definitely not "stupid". Thanks a lot for the detail. I'm looking into my options after being unemployed for over three months now and need to find alternatives to the job market in tech. One thing I'd like to find out more about is other expenses that are car related - or perhaps that doesn't apply since you are renting.
I going to buy the cadillac or the Tahoe, i can do suv black, black and uber xl… what you think?
suburban
man thank you for that great video !! keep the hard work your doing great 👍 👍
I’ve been watching your videos you fill up on gas every 2-3 days at $150.00 that’s equals to more than $200 a week.
Awesome video. Great honest information.. Thank you very much
Hey Robert, I'm also Uber Black driver In Nashville, what City do you drive in?
Hey, I also live in Nashville. how is the uber black market in Nashville? i was thinking to get into that bussiness now that i am unemployed. thanks.
I do these numbers in less time in my Ford Fusion uberx and uber comfort
How are taxes applied done with all theses funds
I pay tax on for the amount that I received after rent.
Thats RIGHT
best things for SUVs are private rides , at least here in Vegas
Which city you drive in
Good demonstration of stats. Nice job
brothe you didn't tell about tip
Are you exercising before or after working Uber?
So u made abt 3000 a month dats not good
Please bro try the best you can to get your own car
Great video! thank so much, i have one question, I try to open uber black account , however on the first step of the application it require me to provide vehicle information, like model , Vin number, tag number and insurance. Because of that I am not able to proceed to the next step ,Do I have to rent vehicles first to proceed ? I am stuck on that step. Is it mandatory to rent the vehicle before getting approval from uber to drive uber black? Please, make one video or I appreciate if you provide here too. Thank you
Go to uber hub and tell them you want to open uber black account. After they do their things, you will have one page app where it asks for all the information that you just wrote. Look for a background check section. if its pending then it doesn't show the full app. Just wait until your background check is approved.
After approval you can rent a car or put your own car
@@KhushnudNumonovcool, I will do that.thanks bro
Whats the process of renting the car out? Lets say you are an aspiring entrepenuer and you want to buy a car and rent it to someont
How about gas and taxes. I believe your net is lower than what you have
Bro, I make $300 every day with my 10 yr old acura for UberX. I do average 70 hr average online per week.
You are not earning that lot with Uber Black.
U right u can hustle to 400 a day in regular uberx with tips
I rent the Tesla for Uber. The only reason I do it is because I HAVE TO. but I’m actively looking to get into my own car. You should do the same brother.
Why do you have to ?
@@elperrocovero I bought a new car I don’t have to anymore
@@theloneman9379 what kinda a car did you buy? Did you buy this car specifically to do Uber and for your personal? I’m thinking of getting into this Uber thing but I’m scared because I don’t want to make a bad decision. I have good cs and some money saved up and I’m not working right now.
@@elperrocovero I bought a 2018 Camry Hybrid 25k miles for 15k. Great space, luxury, and safety. 51 mpg.
@@theloneman9379 how much are you making weekly net
You have done good and if that was your own car the wear and tear on the car would be high and within 3 years you would need replacing the car again
Where do you rent the Uber black cars?
Assalomu aleykum Uzbekmisiz dostim qando sizga aloqaga chiqsa boladi
Salom. I don't understand this language
thanks for your videos. It is not what you pay out for rent. It is waht you make for yourself after paying out rant, that counts.
Buying your own car is an expense, insurance is an expense, TCP license is an expanse. Yo did waht you did and it was smart move. You have learned what you have learned. based on that you can move on, to owning your own car. I did uber eats during the pandemic. I rented Car from Avis. If I drove less than 700 miles per weak, I paid $174. It made sense to pay rather than kill my own car. I drove less than 700 miles, for I controledd what distance trips i wanted to take.
Thanks for your positive commend))
Eat healthy!!!
Thanks 🙏 brother for sharing
How much did you pay in tax?
W
Do uber back XL drivers also have access to regular non XL uber black?
Yes, they can do all types of rides.
Be successful.❤
I found a base model suburban, but it is not a leather seat. Will Uber accept it as a Black SUV if I install a leather cover?
Not cover. Replace with leather seats
@@KhushnudNumonov Thanks for your reply
What city is this in?
I think he's in Manhattan. I could be wrong, but I think that's where he's based.
Hello Khushned my question ... Im started to fille requirements.. what tax classification did you of LLC should I chooose? Individual S corporation or regular Corporation?
I opened corporation and chose tax classification of s-corp
@@KhushnudNumonov so i am getting a tesla not the big body suv like you.. do you suggest i choose the same tax classification? also thanks for timely matter
@@jcruzfff its better to talk with your tax guy. If you make over $50k than s-corp better. My tax guy told me that
@@KhushnudNumonov Youre the man!!! Thank you for your help
If you don't know where and how to do it, I have a video about it. It's called how to form LLC/S-Corp
Brother do your best to get your own car 👌👌
Do you recommend getting a suv to do Uber ? Is it it worth it?
@@elperrocovero the problem is uber black is locked in most cities so you have to rent an suv from an owner.
I do regular uber X but in my town (imperial valley) its super slow, yesterday i went to san diego (2 hours away from imperial valley) the rates were super high but also traffic its horrible, probably I can make good miney there, but i am a little bit scare to go to a city that is not my city with a HUGE traffic and a lot of free way, I live in super small city (40 thousands people) streets are super different compared with my neighor city San Diego
It has its good and bad
@@KhushnudNumonovпривет дай пожалуйста свои контакты,есть вопросы по Uber Black
@Khushnud Numonov How do you bring the Uber app screen on the right on your TH-cam video, while you’re showing us live and talk about it while you are on video on the main TH-cam video screen? Do you use an app? or is it a post production after video editing? Please share with us how do you do that, thank you!
I screen recorded on my phone and in post production I match the time and put it there.