THe NAC Lots-O-BFG KO2 Thread

Re: THe NAC Lots-O-Post Thread

sorry I typed that while napping
 
Re: THe NAC Lots-O-Post Thread

So I'm thinkin about getting a lathe, that's nothing new.

But if I had a lathe, then I'd be tempted to do stuff for work, that I currently have to send out to a 3rd party machine shop. And if I were gonna do that, I'd want to get paid for it, because although I like my company, I'm not a charity and the work is gonna get paid for one way or another. It'd just wind up being easier for me (and better quality control because I know how our parts need to be made).

So in order to do that, I'd probably have to set myself up as some sort of business. Which extending that line of thought further, isn't all that bad an idea. My property is zoned commercial so I'd be able to legally operate out of my garage. Equipment purchased for the business (such as a lathe) could be used in a beneficial way against taxes.

I'd also have a means to do things for my customers at work that right now I can't legally or physically do out of our office. Such as, if a customer wants a complete package including adapter plates, or controls, or wiring, that sort of thing, ordinarily that sub-business gets routed through a 3rd party 'integrator' to whom we sell our portion of the completed assembly. It's all shit that I know how to do so in theory I could sell the motor to my personal company and package the rest on my own time.

Just thinkin out loud...it'd be nice because it would only need to big a business as I wanted it to be. We don't require a whole lot of 3rd party machine shop stuff (although when we do, it's usually a rush-type job), and the integrating stuff could be work that I'd only take on if it were something I was comfortable with and felt that I had the time to do it effectively.

It'd be interesting to see if that'd raise any conflict-of-interest stuff. I think as long as all the costs were documented (both on my end and my normal employer's) and it could be proven that I wasn't giving myself special pricing or gouging on machine work, it'd be OK.
 
Re: THe NAC Lots-O-Post Thread

lights on the truck are prob as bad as the stock lights on Sams j10, another thing i should prob do somthing about. ive had the 2nd batt for the truck a week and still havent put it in, maybee tomorow
 
Re: THe NAC Lots-O-Post Thread

vetteboy said:
So I'm thinkin about getting a lathe, that's nothing new.

But if I had a lathe, then I'd be tempted to do stuff for work, that I currently have to send out to a 3rd party machine shop. And if I were gonna do that, I'd want to get paid for it, because although I like my company, I'm not a charity and the work is gonna get paid for one way or another. It'd just wind up being easier for me (and better quality control because I know how our parts need to be made).

So in order to do that, I'd probably have to set myself up as some sort of business. Which extending that line of thought further, isn't all that bad an idea. My property is zoned commercial so I'd be able to legally operate out of my garage. Equipment purchased for the business (such as a lathe) could be used in a beneficial way against taxes.

I'd also have a means to do things for my customers at work that right now I can't legally or physically do out of our office. Such as, if a customer wants a complete package including adapter plates, or controls, or wiring, that sort of thing, ordinarily that sub-business gets routed through a 3rd party 'integrator' to whom we sell our portion of the completed assembly. It's all shit that I know how to do so in theory I could sell the motor to my personal company and package the rest on my own time.

Just thinkin out loud...it'd be nice because it would only need to big a business as I wanted it to be. We don't require a whole lot of 3rd party machine shop stuff (although when we do, it's usually a rush-type job), and the integrating stuff could be work that I'd only take on if it were something I was comfortable with and felt that I had the time to do it effectively.

It'd be interesting to see if that'd raise any conflict-of-interest stuff. I think as long as all the costs were documented (both on my end and my normal employer's) and it could be proven that I wasn't giving myself special pricing or gouging on machine work, it'd be OK.
Click to expand...

I didnt get the impression from all our previous conversations that your job is cyclical, like mine ( I spend some time laid off from time to time). But I would warn you, since you asked about unforeseen circumstances, that having a business license precludes you from being able to collect any sort of unemployment benefits should that happen. Since I bought my future living property, I've had many people say that it will be so great that I might be able to take advantage of calling it a "farm" to lower my property taxes. I recently found out that that also is a no-go to file unemployment benefits, which I have unfortunately have had to sign up for from time to time over the past several years, thankfully not for long periods of time, but they were a godsend when there was no other work available to me at the time.
Again, I dont believe your situation is similar to mine, my only point is that since you asked, there are usually unintended consequences lurking, especially when it comes to tax law, and even your fears of doing work at home without proper reimbursement..Just my two cents on the matter, I personally think you have the right idea, and obviously are smart enough to ask the right questions. Best of luck to you, I'm sure you will make the right decision.
Rich
 
Re: THe NAC Lots-O-Post Thread

i pick this thing up last saturday, 05 mxz 600, 1200 miles not running. i got it from my room mate. paid 1500. he bought it new in 05 let it sit outside uncovered for the last two years, looks like the carb boots dried out and cracked a bunch. ordered a new set. hopefully ill have it running soon!
20131220_100643.jpg




20131220_141014.jpg
 
Re: THe NAC Lots-O-Post Thread

XBoBJ said:
i pick this thing up last saturday, 05 mxz 600, 1200 miles not running. i got it from my room mate. paid 1500. he bought it new in 05 let it sit outside uncovered for the last two years, looks like the carb boots dried out and cracked a bunch. ordered a new set. hopefully ill have it running soon!
Click to expand...


Who cares, just snap chat me a video of you driving it down a dirt road in 60 degree weather with bud lights in hand
 
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