Topic: Getting paid to ride my SOHC

[starkmojo]

The gubmint is currently paying me 47 cents a mile to ride 110 miles a day to and from work...
 on my 750...
Just had to share

[Laminar]

My company paid me $0.55/mile to ride 400 miles round trip to Kansas City, felt good.

[starkmojo]

yeah as soon as I found there was a CFR for motorcycle mileage I said to myself..

"self, we gotta rock this #$%*"

[HavocTurbo]

Sounds silly.... but my business own two bikes and a truck.

State of IL allows $0.50 mile for small business owners.

Which is down $0.05 from 2009!!!  

[Laminar]

Sounds silly.... but my business own two bikes and a truck.

State of IL allows $0.50 mile for small business owners.

Which is down $0.05 from 2009!!! 

Yep. That $0.55 I got was late last year, this year it's only $0.50.

[starkmojo]

I have found that riding every day for two to three hours as really improved my skill level. I was riding every week for a 100 miles or so (except when it was really #$%*ty), but riding in all kinds of traffic every day and open roads I am really getting to know my bike.

  <- bugs in teeth

[Damfino]

yeah as soon as I found there was a CFR for motorcycle mileage I said to myself..

"self, we gotta rock this #$%*"

College of Forest Resources?   

Council on Foreign Relations?   

Center for Financial Research?   

[starkmojo]

Code of Federal Regulations... specifics:
http://www.gsa.gov/graphics/ogp/FTRAmdtFR2008-05.htm

[Staggerlee]

#$%* dude, if only you owned your own plane; you'd be making bank!

[motocyconomad]

WTF !!!    i thought there was something like that, between that and the non profit oranization I want to start next year I'll just not work at all and ride around all over hells half acre     

[Jerry Rxman Griffin aka MuthaF'er]

The reimbursement is good but compare the cost and frequency of replacing tires on a bike vs a car especially if you have someone else do both. The way I figure it I can get 30+ mpg in a decent car and 40+ on a decent bike. Not a major difference. I can average 15,000 miles on bike tires. On my Harley I get 10,000 on the rear and 20,000 on the front so 2 rears to 1 front. It costs about $400 for both tires to be installed and balanced. I can get 60,000 miles on the car tires and all 4 cost about $400 WITH road hazard, rotations, and balancing. My motorcycle tires cost 4 times as much! And I'd only save 25% on fuel. I've gotten to the point I'd prefer to swap what I make at my labors for the bike mechanics labors and come out ahead. Plus, I don't damage anything with my mechanic skills  That gets expensive. Otherwise I could change the bike tires and make the equations more favorable. Lately I'm averaging 700 miles a week in my '91 Acura Legend and being reimbursed at 44.5 cents/mile with 1 job and 50 cents/mile with the other. I'm pretty much having the car's value paid for every month considering it's at 184,000 miles and going Honda strong. BUT it's almost time for those dreaded $400 tires   

[Jerry Rxman Griffin aka MuthaF'er]

WTF !!!    i thought there was something like that, between that and the non profit oranization I want to start next year I'll just not work at all and ride around all over hells half acre     

Check the IRS codes. Different rates for non-profit use of your vehicle and business use. Plan ahead to come out ahead. I'm a 1099 contractor so I pay myself from the proceeds of my billings. I pay myself low so there will be money left for a 401K or a dividend. Dividends are usually tax free and 401K contributions by the individual are tax deferred while the matching company contribution I pay myself is another untaxed business EXPENSE. The one company I work for pays me the 44.5/mile. I reimburse myself and the max fed allowable rate of 50 cents/mile. That's an extra 5.5 cents/mile EXPENSE to my company that goes into my pocket and is not taxed. KNOW THE CODES! It's legit. Key words: EXPENSE and untaxed/tax free.

[starkmojo]

The reimbursement is good but compare the cost and frequency of replacing tires on a bike vs a car especially if you have someone else do both. The way I figure it I can get 30+ mpg in a decent car and 40+ on a decent bike. Not a major difference. I can average 15,000 miles on bike tires. On my Harley I get 10,000 on the rear and 20,000 on the front so 2 rears to 1 front. It costs about $400 for both tires to be installed and balanced. I can get 60,000 miles on the car tires and all 4 cost about $400 WITH road hazard, rotations, and balancing. My motorcycle tires cost 4 times as much! And I'd only save 25% on fuel. I've gotten to the point I'd prefer to swap what I make at my labors for the bike mechanics labors and come out ahead. Plus, I don't damage anything with my mechanic skills  That gets expensive. Otherwise I could change the bike tires and make the equations more favorable. Lately I'm averaging 700 miles a week in my '91 Acura Legend and being reimbursed at 44.5 cents/mile with 1 job and 50 cents/mile with the other. I'm pretty much having the car's value paid for every month considering it's at 184,000 miles and going Honda strong. BUT it's almost time for those dreaded $400 tires   

very true but it misses that driving my bike is way more fun then my 4runner. The difference in my MPG is 17 for the car and 38 for the bike. Thats quite a lot. Most summers I am working 12 hours a day sevn days a week so riding my bike to work is the one time I have to bust it out- also it takes my commute and turns it into a recreational opportunity. Plus I am way nicer at work after I ride!