http://www.truckpaper.com/listings/d...0a461e3df2dabd

Ok i just bought this truck and being only a paid driver my whole life im wondering besides the insurance and dot inspection allready lined up what else do i need to obtain?

Im from Idaho, should i license in idaho,,, or wyoming if thats even possible?


I ll be leasing out to a water supply co/oilfield support in wyoming most likely or a road contruction company i have an IN with. I prefer the oilfield as it is year around work. My tax people think an S corporation is the way to go but what do i know???? Need some guidence here guys!



Any advice appreciated.
Gary

 

Wow, I was seriously looking at that exact truck a while back. Nice!

 

Keep us up to date on the truck. That is a great deal. Hope it works out for you.

 

how many miles did that truck have on it?

 

807,000

And that brings up the 200,000 mile warranty purchase for $3,000 more all internal lubricated parts are covered, engine tran diffs

And another $750.00 100,000mile turbo injector pump warranty can be bought

 

Are T-600's fairly fuel efficient?

 

The guy that bought the brother to this truck is reporting 6.8 doing the same thing his w900b with a N-14 did at 4.5-5.0 mpg his T-600/ISX had 600,000 on it 6 months ago.

 

If you're looking to put say > $30k into a 401k, I wouldn't bother with incorporating. Otherwise, the S corp could save you some money on taxes.