A businessman has revealed how he makes thousands of extra dollars every month from his simple caravan job.
The side hustle requires minimal time and effort and earned him $7,450 in just three months.
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Entrepreneur and content creator (@trailerhustle) rents out his RV to make extra money and shares the details with his 32,000+ followers on TikTok.
He quit his full-time job because his side business was too profitable and now focuses on his side business and even teach others How to begin.
In a virus video starting in April, the entrepreneur shared how he made over $7,000 from January to March.
“I’m going to tell you how much money I’ve made this year so far with my deckover trailer in the first quarter of 2024,” he began.
Read more about side hustles
He said the trailer was rented for 26 days in January.
Two of the rentals were seven days long, and he gave both customers a free day.
The first month of 2024 earned him $3,000.
February saw a slight drop in rentals, with his RV rented for 19 days during the month.
“Two of them were seven-day rentals, so even after the discount it netted me $2,125,” he shared.
In March, the trailer was rented 22 days a month.
The businessman recalled that one of the rentals was for seven days and made a profit of R$2,625.
Over the three months, he made $7,750 from renting RVs.
“I typically spend or save $100 a month per trailer just for maintenance and belt replacement and things get damaged,” the content creator added.
Factoring in maintenance costs, he made $7,450 on one of his trailers.
The businessman shared with The US Sun that he rents seven trailers in total.
MORE MONEY
Another entrepreneur shared how to make thousands monthly from the Airbnb hustle, but it has nothing to do with rent.
While renting units requires a significant investment, cleaning Airbnb properties can be a big task for those strapped for cash.
The businessman shared that becoming a cleaner was simple, the first step being to download the Turno app and sign up to become a cleaner.
The application process involves answering and passing a questionnaire and scheduling a hiring call, during which cleaners are taught how to use the Turno app and bid on cleaning jobs.
Side hustles and tax implications
Extra income earned from side hustles may need to be reported to the IRS.
If you receive more than $600 in gross payments from a selling platform like eBay, the site will issue you a Form 1099-K to use on your tax return.
Individuals must calculate their adjusted gross income, taxable income, and deductions for the year.
Once they have this, they can use the 1040-ES form to calculate estimated taxes.
“Once you answer the call, you can clean up,” said the businessman.
To secure a cleaning job on Airbnb, cleaners must bid on jobs and set their own prices.
If you clean a unit and the owner likes the way you completed the job, he may hire you as part of the cleaning team.
She noted that no money is needed to get started because some units already have cleaning products available.
“If you want to buy cleaning products to have too, it’s very little to nothing to start with and you can make thousands of dollars every month just cleaning Airbnbs,” she said.
In related news, a content creator made $850 in 30 minutes by knocking on doors with his easy hustle.
Plus, a 14-year-old boy makes $5,000 a month from his summer hustle.
This story originally appeared on The-sun.com read the full story
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