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Old 08-21-2006, 09:56 AM
topsites topsites is offline
LawnSite Fanatic
 
Join Date: Mar 2005
Location: Richmond Virginia
Posts: 21,677
What I've been told to do is create another company who takes care of the trucks financially as it buys and repairs / maintains your trucks. Of course you are the one doing the work, but this other company takes care of the money.
Then, this second company leases the trucks to your Lco.

Supposed to be some tax and other benefits to doing it this way, I never tried it but the guy who told me really seemed to know what he was talking about and he did things this way with his company.
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