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Old 09-11-2022, 12:48 PM
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Mark17 Mark17 is offline
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Join Date: Aug 2011
Location: Minnesota
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Quote:
Originally Posted by Snowman View Post
When I tried to have cards from my vault sent to my home address in CA, PWCC told me they would have to charge me sales tax unless I could provide them with a CA state resale permit.
If that's the case, then people have a substantial disincentive to remove their items from the vault. I can see investors deciding to just leave their inventory there, for PWCC to eventually sell for them, rather than having a major AH sell them, factoring in the hit when removed from PWCC's vault.

As far as borrowing money using inventory in the vault as collateral, I wonder what would (will) happen when the market on a lot of stuff takes a corrective dip. Capital calls to restore the collateral percentage?
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