There are countless ways to increase your earnings beyond just what Uber, Lyft, etc. pay you for rides. Here are some resources to make it happen.
If you’ve been doing Cargo, you probably got an email from the CEO last week telling you that Cargo is “pausing” their in-car store program. If you have a Cargo Box, you will not be paid for sales after January 10th, 2020, but those sales will go towards a contest in which the winners can which a 55″ TV or Apple Airpods.
Having a traffic citation on your record can mean being rejected when applying for Uber or Lyft, or being deactivated if you have, in some cases, just one moving violation. A new app called ‘Off The Record’ says that they can get your ticket dismissed or it’s free.
Whether you create a business, like an LLC or an S-Corp, for your rideshare business, or you are just doing it under your own name, you can reap the benefits of cash back and mileage rewards cards for these expenses and get up to 5% back on all of your purchases. This adds up!
If you are driving significant hours, want to make it your main source of income, or want to make it one of many services you provide as part of a full-blown business enterprise, then you may want to formalize your business by creating an LLC or S-Corp to reduce personal and tax liabilities.