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#1
03-07-2007, 11:05 AM
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New equipment questions
I'm just starting out this year and will be buying some equipment over the next few weeks. I just submitted my LLC articles yesterday. Will be applying for my EIN after the LLC article comes back. My question is... can I get "wholesale" discounts on new equipment and do I need to pay sales tax on equipment used as part of the business? (Trailer, mowers, etc). Thanks for the help.
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#4
03-07-2007, 02:31 PM
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if its wholesale its already at a discounted price
__________________
2002 dodge ram 1500 4x4 1999 dodge ram 2500 4x4 (ex plow truck needs tranny work) 1998 dodge ram 2500 ext cab needs all new lines (soon to be the new plow truck) curtis plow 7 1/2ft 4 years old 1995 7ft X 16ft trailer woods diesel zero turn 5ft mowing deck (60 inch) 6-7 years old and a whole lot more ill up date later
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#5
03-07-2007, 03:38 PM
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The only things you can get at discounted or wholesale prices are items that you would resell. This includes things mulch, plants, trees, sod, stone, and fertilizer to mention a few. Your LLC formation papers and EIN number have nothing to do proving eligibility. What you need is a sales tax number or similar document if you live in a sales tax free state from the state.
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