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Old 11-23-2020, 09:49 PM
steve B steve B is offline
Steve Birmingham
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Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,098
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If you are a business, there may be other taxes to consider. My city has a tax on a business inventory as long as it's held in the city. Sort of panicked me when I found out, since I'd briefly had a resale certificate, and lots of "stuff" which a taxman might consider to be inventory since I'd sold stuff in most categories of collectibles. T say nothing of the random assortment of rusty metal rods, wood pieces, other random metal pieces etc that I sometimes make things out of.
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