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Updated over 6 years ago, 08/15/2018

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3
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0
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Marque A Clark
0
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3
Posts

do I need a llc or tax I'd number to sell wholesale

Marque A Clark
Posted

do I need a llc or a tax I'd number to sell wholesale   Merchandise

User Stats

721
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343
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Roland Paicely
  • Raleigh, NC
343
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721
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Roland Paicely
  • Raleigh, NC
Replied

'Merchandise'?..............or do  you specifically mean properties?

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3
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0
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Marque A Clark
0
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3
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Marque A Clark
Replied

no like toy clothes  furniture  stuff like that 

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15
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1
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Replied
@Marque A Clark You don’t have to sell merchandise.. for what?

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16,430
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12,705
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Ned Carey
Pro Member
  • Investor
  • Baltimore, MD
12,705
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16,430
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Ned Carey
Pro Member
  • Investor
  • Baltimore, MD
ModeratorReplied

@Marque A Clark no you can run a business as a "Sole Proprietor"  Basically that means your business is not legally separate from you. You can file taxes with your SS#

However most businesses set up a more formal business structure. This can be both for liability and tax reasons.

  • Ned Carey