why does turo say not eligiblewhy does turo say not eligible

We see and hear the quality of people who operating Turo last 2 days. In order to get the car booked often, I wanted to make things affordable and convenient for renters, so I checked the box for features like: While those features secured more bookings, they also led to 5am pick up/drop offs at the airport, so we had to find a smarter way. TURO and this particular host are very dishonest, disorganized and painful to work with. Putting just $1 in Box 1 doesn't work because it says that the tax withheld is greater than or equal to $1. I went to 15 other listings and found same thing. 1 Best answer Phillip1 New Member June 4, 2019 7:50 PM Without having the ability to access your information, I can think of a couple of common reasons why you may, unexpectedly, not qualify for the American Opportunity Tax Credit. Turo says it plans to offer 5 percent of its stock to eligible hosts and guests on our platform and certain individuals identified by our officers and directors.. I then provide the hide-a-key location and pass code, so they can access the car. Opt-out anytime. If youre worried about insurance for your car with Turo, youre not alone! The peanuts u make with turo not worth the headache. As. I selected full time student and it told me I didn't qualify. I would like to join on your lawsuit if you are suing them. Nick here. Opportunity Tax Credit is attached to the students exemption. Consider it a sort of Airbnb for cars. Turo also stands out because its not specifically tied to electric or autonomous vehicles, which have mostly fueled the recent SPAC and IPO craze. The technical storage or access that is used exclusively for anonymous statistical purposes. It seems that when someone fits into any of Turos discriminatory categories, for fear of consequences, instead of outright rejecting you, they follow this policy of playing for time until the customer just gives up. filing for yourself, you can claim the exemption - otherwise you cannot claim Makes no sense. To enter your other education expenses and your Form 1098-T, use the following steps shown below. Legally you cannot rent out a personal car which is not registered as a commercial vehicle. Your Modified AGI (income) Without Allows us, Turo cars can have cameras or dashcams, but, Getting a car for your drivers license road test, Rent a car from Turo: As an Uber driver, you cant use one of these vehicles to drive for Uber/Lyft but, A Tesla owner renting out his or her 2016 Model S seven days per month, for instance, earns, If a guest gets into an accident while on a trip in your vehicle, we believe your insurance would not be affected as long as, If youre able to obtain a vehicle and rent for that amount, chances are your car will be rented, What muscles are the agonist and antagonist in knee flexion and extension, How long is goat cheese good for after opening, How to use eyedropper tool in illustrator, How does the artist create movement in the painting above. I noticed changes for the better in that corporation took place immediately which I was mostly hoping to see happen- but was also awarded $4000 which I honestly did not expect to win the case.. i've heard that contacting the . Turo has the right to decline your trip request and remove you from the platform because of your auto insurance score, criminal background, driving record, or any other reason. Any reps from Turo in the building? Related Questions. Social Security number. We park the car in the agreed upon location for pick up within 24 hours. You can check your approval status on your account page. / Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. Fortunately, my host accepted the car back with the smoke odor, but he technically could have charged $50 for odor removal. Every branch of the military is struggling to make its 2022 recruiting goals, officials say. you may want to go bath through the personal info section. Here is a full list of all qualifications for the American Opportunity Credit. October 20, 2022, 11:55 pm, by All the stressful exchanges and long wait, Frank from Verification department just made us HATE Turo now. October 20, 2022, 11:48 pm, by Turo sucks big balls!! I rented a cool convertible to have my Florida vacation in with my children. Turo is a peer-to-peer car sharing platform that allows car owners to rent out their own cars to regular people. I have requested copies of all photos and transcripts of calls and have been completely ignored. If youve booked a trip with a Commercial Host, you cant add a driver via Turo. The company counter-sued the city, claiming it shouldnt be subject to the same regulations as legacy rental car companies. The company was sued by the city of San Francisco in 2018 for failureto pay the fees required to operate legally at the SFO airport. What are the alternatives? I also like having the flexibility in when, how, and for how much we list our cars for rent. How much money do I need to invest to make $1000 a month? Hosts arent permitted to ask guests for a ride home after dropping off their vehicle. Frank has no clue the meaning of customer support!!! Hi Steve, I certainly do not value my time at $0 per hr. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Any other alternatives you guys know about? When creating your account, you will need to supply a valid license number. If the horn, wiper blades and headlight isnt working properly, it shouldnt even be listed. The names of the representatives are fake and no way to verify. Then asked to take a picture with drivers license and send. 2. Cars are a big part of our daily life, and we know it's the same for you. We do this to improve browsing experience and to show personalized ads. cpreid Unable to book through Turo. On the drop off for your Model S, how do you handle the key fob in the drop box? Confused as to why I am not qualifying. Well charge all guests a $750 deposit to book a Super Deluxe Class car. This is used to confirm your identity and age. Enter the information from your Form 1098-T. https://turbotax.intuit.com/tax-tips/college-and-education/deduction-for-higher-education/L0krerdUK. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. What is the most puncture resistant car tire? Turo is not trying to pay me the correct amount for my car. It is not possible to use a fake ID on Turo. On a $31 car it wanted to charge me $8 and on a $40 car it wanted $5 only. Where do I add additional qualified expenses. Youll get an email from our Verification team or an online notification if you need to submit up to three additional photos for approval: Your drivers license. Thanks for sharing! If you have real complaints against a company and you want to pursue legal routes to work them out, I highly encourage you to do so- even if its a lawyer who will charge a percentage only if you win the case. Yes, renting on Turo can be profitable. Does it cost extra to add a driver on Turo? to receive guidance from our tax experts and community. For those who rent five cars the average annual income is $52,579. As I mentioned, as our listings gain more reviews in the next few months, I can see this easily going from a breakeven side hustle to profitable one. there is no way you are making a single cent, see cost of depreciation, maintenance. How much do Turo hosts make? Guests can only rent one car with Turo at any time, as each trip is allocated to one approved profile. Depending on the protection plan you select, liability coverage is up to $750,000 in the US. I told them we were going to Uber to our event and that I expected reimbursement and that I would deal with the car when we returned that evening. Did the information on this page answer your question? The access to find all the information on internet. be taken at an eligible educational institution. Guests can only rent one car with Turo at any time, as each trip is allocated to one approved profile. just something like a base model BMW 3 series which most rental places don't always have. I have disputed the charges with my credit card company but that will take some time to resolve and does nothing to reimburse my uber costs. Hi, I've been struggling for the past week and a half to get the Turo team to review and approve my account, I am 23yo, arrived almost 1week ago in USA from Europe and I would've liked to rent some cars for my vacation, but the Turo blocked my account as 'not approved', I've contacted the support for 5 or 6 times on different days, all I've gotten is "you'll get an email as soon as possible after this conversation". But even at that you would NEVER earn what they say you do as it is purely fantasy since they just do not have that much site traffic and to say the least your car would be trash in a year so repair and depreciation is never in their suggested earning formula! Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. You must meet established age requirements to book certain vehicles. Under IRS rules, the American Can I claim college or education expenses if m TurboTax Live Full Service Business Taxes. The more expensive the plan, the less . The Teslaour dream caris the most recent addition to the fleet. I did not get not even 1 email saying that my account is reviewed / if it's not approved or why / any update, they just completely ignored me for almost 2 weeks. Auto insurance score that meets our benchmark. CAN I PAY FOR THE RENTAL OF A CAR FOR ANOTHER INDIVIDUAL? I have not been refunded the remainder of my trip or reimbursed for any of my additional costs. Is Turo insurance primary or secondary? You must meet established age requirements to book certain vehicles. They offered me a key the morning this happened but were unable to get it to me in time to attend the VERY expensive, non-refundable, scheduled event that we were on our way to. you or your parents can claim your tax exemption. In the United States, you can only list a U.S.-registered vehicle on the Turo app. TURO DOESNT LISTEN TO THEIR CUSTOMERS!! Tap Booked to select the trip youd like to change. the cars Im going to buy are 2013 2014 2015 hyndai, Honda civics, Kia , Musting , etc. If you booked a trip in a hybrid vehicle, remember to replace both the fuel and electric charge to the pre-trip levels. If you don't meet the eligibility requirements in your area, you'll be unable to book a car. Most likely, Turo descriminate against handicap drives and Turo does not want MS driver even though she can drive better than me. The average energy bill will drop when Ofgem cuts its price cap on Saturday amid . return). Awesome article Heather (& Nick). loan, including low-interest student and government subsidized loans, but Save my name, email, and website in this browser for the next time I comment. Ridesharing does not equal carsharing. When I want to explore or take a trip, I use Turo. You must meet established age requirements to book certain vehicles. The price they recommend is basically a free rental, the auto pricing software would SUGGEST you rent a $50000 car for $69 or less a day so they can get their 25% fee. Im looking for a Hustle to go along with my daily grind. Can Turo sue me? Youll also get more choices that change day to day as cars become available. In the United States when you list a vehicle on Turo yoursquore agreeing to share it only on Turo You may not list a vehicle that I have the same problem with E-filing my unemployment tax withheld. Switch to the light mode that's kinder on your eyes at day time. His work has appeared in The New York Daily News and City & State. Continue with Recommended Cookies, You must be the one to pick up and return the car. If youre meeting in person, use Turo messaging to confirm how, where, and when youll meet. Your name could match someone on a no fly list, and that's it. Turo offers three packages of insurance coverage for drivers: Youll get an email from our Verification team or an online notification if you need to submit additional photos for approval. If you want to be a successful host you must focus on lower end vehicles. If you are now in graduate school, that may be another reason that you are not qualifying for the credit. For most renters, renting a car should depend on the make or model of the said vehicle. These include the vehicles value (a higher-value vehicle may incur a higher trip fee), lead time of booking (trips booked further in advance can lower the associated trip fee), trip duration (shorter trips contribute to a higher trip fee, while longer trips can help reduce the trip fee), and more. 1. If the damage is eligible for reimbursement to the host, turo will: This allows cheaper cars to be rented. At the moment, I estimate my hourly return on investment at about $80-100 per hour. Even if they spent 7 hours per month running the cars around, washing them, maintaining them, etc. If you want someone you trust to help manage your listing(s). Also, will they consider some older cars too old for their service? S-1 filed with the Securities and Exchange Commission, sued by the city of San Francisco in 2018, Volvos upcoming EVs join the Tesla Supercharger bandwagon, The SAE is standardizing Teslas EV charging plug as it racks up more wins, Rokus first free live sports stream will be Formula E racing, Lordstown Motors bankruptcy blames Foxconn for trying to destroy its business. Check the age requirements for the car you're trying to book. How the insurance works is with each step up in coverage, Turo takes a larger percentage of your booking as their fee. I would say no. Real experts - to help or even do your taxes for you. Features of the car, like GPS, automatic transmission, leather seats, and other details renters might care about. SHEREEN AB The renter cannot provide a credit or debit card belonging to someone else for their use. for the first four years of post-secondary education. 1 Nitrowolf 3 yr. ago Yes, it is different. You may have heard about the recent fatal Tesla crash in San Francisco involving a car rented through getaround. My husband and I handled drop offs together, so that is why the hourly rate for each of us is about $100. On their homepage, Turo has a cool little calculator to estimate how much your car might earn on the platform: Right now, were earning enough to cover all the costs for the three cars each month and I invest only a handful of hours per week. When creating your account, you will need to supply a valid license number. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We are a blog by car lovers for car lovers. Conclusion: You may rent out a car provided you change the car from personal car to the commercial car. They still have to pay for the car, though. Not all taxpayers are eligible. This is the first car we listed (active for 4 months on Turo) and has been booked most consistently since it is now the most established with lots of 5 star reviews. His work has been featured in The New York Times, Entrepreneur, Forbes, TIME, Newsweek, Business Insider, MSN, Yahoo Finance, The Los Angeles Times, The San Francisco Chronicle, Hubspot, Ahrefs, Shopify, Investopedia, VICE, Vox, Mashable, ChooseFI, The Penny Hoarder, GoBankingRates, and more. either during 2016 or during the first three months of 2017. Its definitely not for everyone. With these two tools in tandem, I gave myself much more flexibility on the car delivery to renters and some security to monitor the car remotely. I am not interested in renting a Ferrari or a Bugatti! I would hope to see that happen as a Turo customer because it ensures that the service that I really love stays afloat but also makes sure everyone is safe and the hosts are getting something out of it so that they continue to host. They have been creating, growing and selling businesses for the last decade side by side. Can I make modifications to a financed car? What are the requirements for Turo? Really! Here are some of our recent glowing reviews: Since we started on Turo, Ive added two more cars to our account: We always keep one car available for our personal use, so managing the schedule across three cars can be a little tricky. If this is not the case, you won't have any taxable income and will have to print and mail in your return to get back the taxes withheld. TheLittleList compiles lesser-known intriguing information on a variety of subjects. I've only seen that asked once or twice before. As hosts, Turo takes complete advantage of the car owners. A common scam is for someone to call or text from a non-Turo phone number and ask you questions such as, Are you still using your Turo account? Or When was the last time you used Turo? Theyre hoping youll give them your two-factor authentication code. not eligible for electronic filing. Does Walmart care if you sleep in your car? Patrick the host checked the car and left a great review. I also thought it would be really hard and inaccessible. I would just steer clear of Turo! However, the Turo marketplace still hinges on five-star hospitality and clean, well maintained vehicles, so check out these pro-tips to keep your reviews up and your business humming. The student must be enrolled at My question: how does Turbotax determine what this student's total support is?? Joe talks about Turo constantly and how awesome of an opportunity it is. Then you could get a bond and/or insurance to cover something catastrophic. Get the best informative stories straight into your inbox! After 4 months on platform with consistently monthly growth: So by letting other people drive our cars a portion of the month, we get to use them for free the rest of the time, including a I am only 24 and I can go to a normal car rental place but I don't want to go there and pay $200 a day for a Ford Mustang? Justice! If you're eligible, you'll need to continue to badger them for a final decision. Id like to hear from other people signing up their sports car on Turo. The renter of the vehicle must be present to sign the rental agreement and provide their credit card at the time of pick up. It doesnt say starting at $27 nor does it say restrictions apply. Manage Settings Start by going to the Education section of your return using these steps: Then, if you are not prompted to enter your 1098-T,go through the entire education expenses section (without entering any information yet) of your return until you reach the screen titled Your Education Expenses Summary, then follow these steps: I believe Turbotax gave $1,000 American Opportunity Credit because the 22 y/o full time student had $8,900 in Earned Income and was filing single with no one else claiming him as dependent. You only entered the withholding on the 1099G unemployment entry screen, right? *I do receive newsletters from them so the email is correct. Valid permanent license or an acceptable temporary license. the credit. Every single major insurance company I have spoken to will drop your insurance, cancel your policy and not cover you if you are found to be renting on Turo while you have a personal policy on that vehicle. Finally, can you share any experiences with having to charge a renter post-rental perhaps for smoking in car, extra tolls, running a red light, barfing on the seats, etc? Strict Terms and Conditions. How do I send a message on Turo? there seems to be an error, as it claims you cannot deduct books and equipment unless it's paid directly to the university. Collection : Top 90s Theme Party Outfit Ideas Black Girl (New Season). 2, Grubhub. To essentially bring our vehicle costs to zero is pretty cool. ( for example a 9 year old car is too expensive but a 7 year old car of the exact same model is not , go figure!) With a record low number of Americans eligible to serve, and few of those willing to do it, this "is . How long does it take to get approved on Turo? Similar to the Airbnb model, local car owners advertise and rent their vehicles to drivers who would prefer to avoid the standard rental car experience. 25% I could stomach & seems like the best middle ground between not shouldering too much risk & still making a decent chunk of money. be sure to deduct the expenses rather than the loan payments. Without a valid and legal drivers license, your account will not be approved, and you will not be able to use this service. Is my car eligible for Turo? How much does Turo take from my fees? Turo also allows you to offer extras with your rental, just like regular car rental companies. There is no price they can pay for the lost day or degraded experience of our trip that I as a single mom saved for an entire year to take. Does Turo charge you right away? How do I clear and start over in TurboTax Onli TurboTax Live Full Service Business Taxes. Check your . The credit is only available The basic idea is good but Turo is not the one, until a better competitor comes along, soon I hope . Ask questions and learn more about your taxes and finances. Why does Turo say not eligible? Is putting a car on Turo a good investment? The company claims they are entitled to keep the money as I failed to return the vehicle at my expense to the designated drop off location and that I abandoned the vehicle. Never ever again will I use Turo. I do not mind paying a younger-driver fee and I'd like to rent some nicer cars than what you see at the airport companies and also not pay $200+/day for a Ford Mustang. I could Uber back home but every additional expense cuts into the profit. Only the person claiming the student benefit from the education credits. Hosts can earn extra money each month by listing their vehicles on the platform. The time I invest with Turo is paying just over $100 per hour currently and is increasing each month as I increase the rates on the cars. Overall, we are so happy with our Turo experience and see it as a great side hustle for those who love cars but dont get too attached (since you do have to share). Oh the insurance that they provide for 25% is a joke, I just got a $200000 car back with paint chip on the hood and they say that is normal wear and tear! These include the vehicles value (a higher-value vehicle may incur a higher trip fee), lead time of booking (. Does Turo report to IRS? jx2012 2 yr. ago Check the age requirements for the car you're trying to book. The company proposes to sell $100 million of stock, but that figure could change as Turo gets closer to its public debut. Turo takes part of your trip price, or the earnings you make each time someone rents your car, to pay for your selected protection plan and operating costs. Like what the fuck! (If it doesn't show up in 5-10 minutes, check spam/promotions.). You can list multiple cars on Turo and rent them out simultaneously as a host. I foresee us doubling our earnings by 2019 once all our cars get seasoned with 5 star reviews. It takes Turo about 24 hours to approve new users. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. The technical storage or access that is used exclusively for statistical purposes. You can get approved to drive before you book a car by going to your account page. How close can you park to another car UK? Founded in 2010, the San Francisco-based company allows people to rent out their personal cars to other customers, much like Airbnb does for homes. Nick Loper is a side hustle expert who loves helping people earn more money and start businesses they care about. If this is not the case, you won't have any taxable income and will have to print and mail in your return to get back the taxes withheld. for four tax years. If you don't meet the eligibility requirements in your area, you'll be unable to book a car. You can pay expenses with a If they were a good renter, I tell them that and note that I just gave them a 5 star review and Id really appreciate a great review if they feel inclined. Wow. We'll help you get started or pick up where you left off. Ineligible titles You may not list a vehicle with one of the titles or histories listed below If you do so yoursquoll be in violation of Turor Cost of living - latest updates: Huge drop in UK house prices predicted; energy bills to fall by hundreds tomorrow. There are many, but a big one is to acquire one of the best cars on Turo, and optimize for popularity and utility. The drop off and pick ups do require two people. claiming the credit is that they have received more money in scholarships and Youre expected to return your hosts car on time. Why do you want to work for rev/min 200 max 500? The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. You have clicked a link to a site outside of the TurboTax Community. Over the last 4 months, my husband and I have managed to leverage underutilized cars in our driveway and the Turo platform to get a free Tesla Model S for our day-to-day driving. They also block cars to lsit at random as they claim it is too expensive or what ever their algorithm say but then you see the same car a year or two newer that is listed! least half-time for a minimum of one academic period during the tax year. They can walk or take a shuttle there, and weve gotten the feedback its like a fun scavenger hunt for them. expenses (including expenses listed on this IRS site and tuition and fees listed on the form 1098-T from your Heather Great article, thanks for sharing. The consent submitted will only be used for data processing originating from this website. Guests choose from a totally unique selection of nearby cars, while hosts earn extra money to offset the costs of car ownership. But there have also been some bright spots. Freedom, carelessness, security. Although turo accepts both debit and credit cards, they do accept revolut cards without accepting other types of prepaid cards. Can I rent a car for someone else using my credit card? Everything was fine until I returned it. You must meet established age requirements to book certain vehicles. Turbo tax is telling me I don't get the American Opportunity credit but I am only in my 4th year of college and I was under the impression I should get it, On the top row of the TurboTax online screen, click on, (or for CD/downloaded TurboTax locate the search box in the upper right corner), (be sure to enter exactly as shown here) and click the, The search results will give you an option to , Then, if you are not prompted to enter your 1098-T,go through the entire education expenses section (. In the next email, I received a $1,466.35 bill. When you ask for a supervisor which I have on 4 occasions and NOT ONCE are they available and NOT ONCE did they call back.You got a problem with say your Citibank visa card and the entry level person cannot accommodate, they get the supervisor and it get either solved or rejected within a few minutes. They also keep mentioning that they cannot give me a reason on why they won't accept my account for membership. We are getting to enjoy driving that car while others pay all the costs. degree, certificate, or other recognized credential at an Eligible Yes.. except for the equity/cash out value. 3. It seems like if some people are really enjoying and benefiting from Turo- as hosts and users, but some are having serious issues, I would encourage people to pursue legal battles- it is actually not that difficult to sue a company if you have grievances. Last month, we only had 7 rentals on Turo to earn the income outlined. Why does Turo say not eligible? Also all the positive review is mostly of the hard working host( owners of the car) not the site. So guest said he would take care of it . Can you return a Turo car to a different location? Here you'll find car advice, car reviews, cars tips & tricks, car repair solutions, car insurance info, and a lot of other practical information related to cars. Guys from Turo hired the debt collection agency against me for the damage I didnt make! What do we put in the first box where it says "Received from"? Turo gives u only 20 days which is in fine print somewhere on the app smh to make a claim so the guy kept playing games and I made a claim on day 21 !!!!