Re: Excess Stuff

From: Everette (194cbteng@bellsouth.net)
Date: Fri Dec 30 2005 - 06:50:23 PST


sure not that way in Tennessee - every time sold -- unless sold to for
resale, tax is colleted

By new car for 30 thousand pay tax on 30 thousand, trade it off next year
and new buyer gets it for 20 thousand he/she will pay tax on 20 thousand,
and again and again every time auto is sold,

 I sold a truck that I owned to company I own and company had to pay tax
on it. -- should I decide to purchase it back I will pay tax.

 "sales tax is what I am referring to"

Sales tax on auto / trucks is collected when you purchase tags...

Our sales tax is broken down as percentage to state and percentage to
county, there is a limit on how much tax per sale county can collect

Everette
----- Original Message -----
From: "Randall Scheffler" <roughdoc@comcast.net>
To: "Military Vehicles Mailing List" <mil-veh@mil-veh.org>
Sent: Thursday, December 29, 2005 6:23 PM
Subject: Re: [MV] Excess Stuff

> Check your state rules on sales tax. Most states don't require you to
> collect sales tax on used merchandise/property. After all, it's already
> been collected once.
>
> Not all states, but most that I've dealt with.
>
> Doc
>
> -----Original Message-----
> From: Military Vehicles Mailing List [mailto:mil-veh@mil-veh.org] On
> Behalf
> Of Glenn McCalley
> Sent: Thursday, December 29, 2005 6:52 PM
> To: Military Vehicles Mailing List
> Subject: Re: [MV] Excess Stuff
>
> Ahhh... Not Everywhere.
> Here we are again, in an area where the laws vary hugely from state to
> state
> (just like motor vehicle laws).
>
> In Maryland, up until fairly recently, you -DID- need to collect sales tax
> for a yard sale. There is now an exception for "casual and isolated sales
> ... of a seller's own household goods". The only reason the exception
> exists is because enough voters wrote enough letters to their delegates
> outraged at having the Comptroller's police shut down their neighborhood
> yard sale. Yes, here in Maryland the state Comptroller (tax collector)
> has
> his own police department. They have paid numerous visits to craft shows
> etc. and required a $500 tax deposit, paid in CASH RIGHT NOW, from sellers
> from out of state who don't have a Maryland Sales and Use Tax Account.
>
> It is not relevant to Maryland, for sales tax purposes, if it is a hobby
> or
> not as far as the IRS is concerned. If you sell it you must get a sales
> and
> use tax permit, collect sales tax, and file a sales and use tax return
> when
> you remit to the state.
>
> Generally speaking, they don't bother an event where people are selling
> things until one of two things happens:
> - the event looks like it's large enough to be worth it
> - someone says something to them about tax evasion (this includes angry
> neighbors).
>
> Again, Maryland. YMMV.
> Glenn.
>
>
> ----- Original Message -----
> From: "MV" <MV@dc9.tzo.com>
> To: "Military Vehicles Mailing List" <mil-veh@mil-veh.org>
> Sent: Thursday, December 29, 2005 5:23 PM
> Subject: Re: [MV] Excess Stuff
>
>
>> Ahhh that's not quite right.
>>
>> If it was then everyone who ran a garage sales would need a sales tax
>> permit and business license. It just isn't so.
>>
>> In fact if you are in business and don't make enough money, the IRS will
>> rule your business a hobby. And void your deduction of expenses since
>> after all it is only a hobby. So unless Sonny is declaring expenses,
>> declaring income and all the rest, he isn't in business. He is just
>> selling stuff he doesn't need.
>>
>> Check out the IRS regs, but take several Tylenol first!
>>
>> Dave
>>
>> Ron wrote:
>> > Hi Sonny...
>> >
>> > And there is no way in hell the items you are selling ever spent
>> > time
>> > on a trailer behind your RV or IN your RV, right? Not under a seat or
>> > in
>> > the bathroom or even in the middle of the floor. Nothing ever gets
>> > bought at a meet you attended with the RV Toter, correct?
>> >
>> > From your post of 24 DEC 05 Titled "Truck Turned Recreation Vehicle"
>> > you stated " I'm strictly a collector of motorscooters, motorcycles,
>> > old
>> > farm tractors, and military vehicles among other things too numerous to
>> > go in to. I do not sell anything at the shows I attend, I only exibit
>> > for free. I do not ask for nor would I accept donations just to make
>> > myself clear on that."
>> >
>> > But you don't state that you never BUY stuff at meets that you
>> > resell
>> > from home. Which you wouldn't do, because that WOULD BE commerce,
>> > wouldn't it?
>> >
>> >
>> > Again, you state " I'm strictly a collector of motorscooters,
>> > motorcycles, old farm tractors, and military vehicles among other
>> > things..." ONE used HMMWV hood for sale indicates a collector getting
>> > rid of excess junk collected in the pursuit of the hobby. 6 used HMMWV
>> > hoods, HMMWV Transfer Case take outs Several, Silicone Brake Fluid 12
>> > ea. $25.00 ea gal. for sale indicate a .... what?
>> >
>> > I'm just a little cranky about the protestations of the folks in the
>> > hobby who claim they NEVER try to make back a modicum of money off of
>> > the junk we buy and sell. If you just BUY, you're a collector. If you
>> > occasionally sell something you bought because you no longer have a use
>> > for it, you're human. If you buy and sell stuff to make a profit and
>> > claim to the whole world you don't, that would make you a four letter
>> > word that rhymes with buyer!
>> >
>> > To paraphrase Shakespeare, Sonny, "You doth protest too much,
>> > methinks". If it walks like a duck, quacks like a duck and looks like a
>> > duck..... Well, all I can say is "Go Get him, TJ!"
>> >
>> > I wish you luck selling the stuff that somehow fell off of SOMEBODY'S
>> > truck/trailer/RV toter in your yard......
>> >
>> > Ronzo
>> > Born at night, just not LAST night.
>> >
>> > PS And how apt your email address is.... sonny de funi
>> >
>> >
>> > ----- Original Message ----- From: "Sonny Heath" <sonny@defuniak.com>
>> > To: "Military Vehicles Mailing List" <mil-veh@mil-veh.org>
>> > Sent: 28 December, 2005 14:18
>> > Subject: [MV] Excess Stuff
>> >
>> >
>> >> I have some stuff for sale in case anyone is interested.
>> >>
>> >> HMMWV used hoods, 6ea. $100.00 ea.
>> >>
>> >> HMMWV Transfer Case take outs Several $ 150.00 ea.
>> >>
>> >> Towbars, complete with adapters 2 ea. $285.00 ea.
>> >> Silicone Brake Fluid 12 ea. $25.00 ea gal.
>> >>
>> >> M37 2ea. restorable $2000.00 bith
>> >>
>> >> 1 & 1/2 ton generator trailer $200.00
>> >>
>> >> Sonny Heath
>> >> cell 850 830 4905
>> >> home 850 892 9717
>> >> sonny@defuniak.com
>> >>
>> >
>> >
>> >
>> > ===Mil-Veh is a member-supported mailing list===
>> > To unsubscribe, send e-mail to <mil-veh-off@mil-veh.org>
>> > To reach a human, contact <ackyle@gmail.com>
>> > Visit the searchable archives at http://www.mil-veh.org/archives/
>> >
>>
>> ===Mil-Veh is a member-supported mailing list===
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>> To reach a human, contact <ackyle@gmail.com>
>> Visit the searchable archives at http://www.mil-veh.org/archives/
>>
>>
>
>
>
> ===Mil-Veh is a member-supported mailing list===
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> To reach a human, contact <ackyle@gmail.com>
> Visit the searchable archives at http://www.mil-veh.org/archives/
>
>
>
> ===Mil-Veh is a member-supported mailing list===
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> To reach a human, contact <ackyle@gmail.com>
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>



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