My cousin drives for Uber, Lyft , and UberBlack. For Uber and Lyft he drives his car but it’s in my name, for credit reasons. Let’s call this car X. He makes all the payments including insurance. And if it makes any difference, the payments post automatically from his bank account. It was a lease and was bought off last year. For Uber black, he uses another car, not in his name for which he pays rent. Let’s call this car Y. He also receives a 1099 for it.
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Great. Thanks a lot Diane.
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