If you are holding a full-time job and doing this as a hobby, I would just use my own name. If you do it full-time I would form an S type corporation to insure limited liability. If I was buying parts, I would pay the sales tax as I bought them and charge no mark-up but charge enough on labor to cover the trouble buying the parts. If you buy wholesale and sell retail, you must have a sales tax number. I assume you are in USA. I just speak about sale tax in my state. Corporations are federal and sales tax is by state
Check with building code in your own location. This may change property taxes or violate municipal code, For example. ]My neighbor did some auto repairs in his driveway and did excellent repair work. He built a concreter pas about 500 square feet and the county assessor (#$@#^&) listed his lot as commercial and raised property taxes. I had a welding shop and sold the tools, equipment and materials to new owner .He paid me a good rate of rent. The new owner made good money and built a new building after renting for six years. leaving my building and lot vacant. I allowed the county to store lubricants and grader blades in the building and park graders on the lot all free. The assessor continued to list this building and lot as commercial property. Thanks for reading my rant.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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