I find it amazing when people get on you tube giving information. It's must be nice to cause your own revenue to decrease. When you teach them they are going to shoot for your business
@@WLCR_843 brand huh! I use common sense, renters care about pricing. If someone comes on the platform with a vehicle that's new and have the same price as yours your brand ain't going to matter. People care about pricing, reviews and the nicest vehicles.
I would recommend having a LLC that way you can separate things from your personal and with Turo. Even have a separate bank account where you earn and spend all the money for the business. That way you can write off more things for taxes and have more tax benefits. I’m not an accountant or expert, but you can even write off certain things you use in your personal life to help you with your business like your own vehicle. Definitely find a good accountant and you’ll be set. Thanks for commenting and stay tuned for more content.
I find it amazing when people get on you tube giving information. It's must be nice to cause your own revenue to decrease. When you teach them they are going to shoot for your business
You’re right about that but there’s many brands of different things it’s all about how you market and brand your own style of it
@@WLCR_843 brand huh! I use common sense, renters care about pricing. If someone comes on the platform with a vehicle that's new and have the same price as yours your brand ain't going to matter. People care about pricing, reviews and the nicest vehicles.
Hey man Ive been a host for three months now with 11 trips; When would you recommend I start a LLC?
I would recommend having a LLC that way you can separate things from your personal and with Turo. Even have a separate bank account where you earn and spend all the money for the business. That way you can write off more things for taxes and have more tax benefits. I’m not an accountant or expert, but you can even write off certain things you use in your personal life to help you with your business like your own vehicle. Definitely find a good accountant and you’ll be set. Thanks for commenting and stay tuned for more content.