by on Leave a Comment

What’s The Tryp App & What Is It Promising Rideshare Drivers?

Today, senior RSG contributor Christian Perea digs into a new rideshare company called Tryp that has seen a ton of hype, but the company is also raising more questions than answers. Is Tryp legit?

Over the past several weeks we’ve gotten a lot of questions from drivers about a new rideshare company called Tryp. Readers, ambassadors for the company and others have messaged us claiming that Tryp is prepared to do BIG things that will shake the very foundation of the entire gig-economy. Then they invite us to attend an informational webinar.

New Lyft Driver - Earn 1500:week

image of what is tryp

Burnt Out Talking To Passengers? Deliver Food With Caviar!

caviar_logo

Make up to $25/hour. No minimum hours required, work outside, and get paid weekly. Click to Sign-up!

[Read more…]

by on Leave a Comment

My Experience Renting My Car Out to a Stranger Through HyreCar

Would you rent out your vehicle to another rideshare driver? For drivers who have an extra vehicle, don’t want to or can’t rideshare drive at the moment, or for those who just want to make some extra cash with their unused vehicle, Hyrecar can be a great option. But what’s it like renting your car out to strangers? RSG contributor Paula Gibbins details her experience renting her car out on Hyrecar here (affiliate link)

HyreCar is not a new concept, but it was new to the Minneapolis/St. Paul area as of May 2018. My husband, Adam, had signed up to be notified as soon as it was available in our area because we wanted to test it out. Passive income is always a great thing in our opinion, so we wanted to see if this would be worthwhile.

For a little background, HyreCar is a service where people who own cars can put them up for rent, typically by Lyft and Uber drivers who don’t have cars that they can use or who don’t want to put the wear and tear on their own vehicles. So, those drivers rely on people like my husband and I to be willing to let them drive our cars.

[Read more…]

by on 5 Comments

Which Credit Card Should New Uber Drivers Apply For?

This is the third article of a six part series on setting up your rideshare business. Last time, we explained why it’s important to set up a business checking account.  Today, we’ll cover business credit cards and give you some tips for applying for your first business card.

If you liked this course, we’ve got another one over at MaximumRidesharingProfits.com. If you’ve found that your income has been decreasing lately with the influx of more and more drivers, we have released all of our top money making strategies in this course. We’ll help you work smarter AND earn more money!

If you’re ready to compare credit card options, click here for gas credit cards and click here to compare the best credit cards in general

Find out why every rideshare driver needs to have their own business credit card in order to separate their personal transactions from business.

Day 1 – Should You Form An LLC For Your New Rideshare Business?

Day 2 – Setting Up Your Rideshare Business Checking Account

Day 3 – Applying For Your First Rideshare Business Credit Card

Day 4 – What’s The Best Way To Track Your Income & Expenses?

Day 5 – What Are The Best Apps To Track Your Mileage?

Day 6 – Everything You Need To Know About Rideshare Taxes

[Read more…]

by on 8 Comments

Uber Drivers – How To Calculate Your Taxes Using TurboTax

Harry here.  Today, RSG senior contributor Christian Perea takes a look at TurboTax Self-Employed, one of the top options if you’re looking to self-file your taxes and reviews how it works, how much you can save and more!

Dealing with taxes as a rideshare driver can seem intimidating, but it doesn’t have to be.  Our 2017 survey showed that 54% of our readers “self-file” their rideshare taxes, and many of them use online filing services to do so.

👉 Your two most important tools during tax season: Turbotax to file your taxes and a mileage tracking app to keep track of your miles!

This year, we’ve partnered with TurboTax and QuickBooks Self-Employed to walk you through the filing process. If you end up using our link, you’ll save $20 when you file your taxes and score a year of QuickBooks Self-Employed for free (it’s usually $10/month).

The best version of TurboTax for rideshare drivers is TurboTax Self-Employed since it’s tailored towards independent contractors.  So if you drive for Uber or Lyft or deliver for Postmates or DoorDash, this is the product you may want to use.  We’ve been testing it out over the past few weeks and found it makes filing taxes pretty painless, and has some cool features like SmartLook (Live Help) and bank account syncing via ExpenseFinder™ that make it stand out from its competitors.

TurboTax Self-Employed

[Read more…]