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RE: LeoThread 2025-01-09 15:16

in LeoFinance17 days ago

super important tip for anyone that wants to be a reseller of any kind. get a tax exemption. you're not the end buyer. you're the middle man, and you should not pay taxes on your inventory.

it's stupid easy in most states.

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Quick and very useful tip

thank you for this, i was planning this business and I would have been caught with stupid level tax

ping me for tips. been doing it a long time.

really 😱😱😱 I'll follow you and keep reading 💪

That makes (a lot of) sense.

yep, and a lot of resellers don't even realize they qualify for the exemption on sales tax

THanks for sharing this amazing tip , at least it will help someone out there

Awesome tip..

You live in a sane state (I do also now). When I lived in Hawaii I absolutely hated the general excise tax, it's hits transactions and business at every step and every exchange.

oh yeah there's no way around that excise tax there, is there?

In very limited circumstances.

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