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<blockquote data-quote="TSGP" data-source="post: 5016645" data-attributes="member: 596624"><p>The reason I don't pay taxes is everything is in cash.</p><p></p><p>My family owns a heating and air business, and we gross around 500k a year.</p><p></p><p>I can go out and do service calls, when they ask who to make the check out to I usually just say my name or the businesses name, and get my parents to just give me cash when I give them the checks.</p><p></p><p>I get 65 dollars for a service call...JUST for going to the house, wheter I do anything or not if I have to get the toolbag out and touch your unit its 65 dollars.</p><p></p><p>We have a decent markup on parts and also get 50 dollars per hour labor if it takes longer then an hour.</p><p></p><p>I can do average around 10 service calls per day and work basically when I want.</p><p></p><p>I do have a couple of degrees, business administration (Which is basically a joke) and computer programming. Neither of which paid anywhere near the heating and air industry.</p><p></p><p>Right now we have 10 units to change out, at 7k a piece (profit is about 3.5k per unit) and we will be able to get done with all 10 in around 10 days + service calls after we get done with those change outs.</p><p></p><p>Its physical labor but its not horrible.</p><p></p><p>And the 100k is revenue, still probobly 30k or so profits</p></blockquote><p></p>
[QUOTE="TSGP, post: 5016645, member: 596624"] The reason I don't pay taxes is everything is in cash. My family owns a heating and air business, and we gross around 500k a year. I can go out and do service calls, when they ask who to make the check out to I usually just say my name or the businesses name, and get my parents to just give me cash when I give them the checks. I get 65 dollars for a service call...JUST for going to the house, wheter I do anything or not if I have to get the toolbag out and touch your unit its 65 dollars. We have a decent markup on parts and also get 50 dollars per hour labor if it takes longer then an hour. I can do average around 10 service calls per day and work basically when I want. I do have a couple of degrees, business administration (Which is basically a joke) and computer programming. Neither of which paid anywhere near the heating and air industry. Right now we have 10 units to change out, at 7k a piece (profit is about 3.5k per unit) and we will be able to get done with all 10 in around 10 days + service calls after we get done with those change outs. Its physical labor but its not horrible. And the 100k is revenue, still probobly 30k or so profits [/QUOTE]
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