Posted by Keith Molden on March 16, 2013 at 03:46:23 from (173.81.187.183):
In Reply to: Tractor auctions posted by Harvey 2 on March 15, 2013 at 15:02:32:
Here in Ohio we have to charge sales tax if we do 2 or more auctions in the same location in a years time. It doesn't matter if it's farm related or not, that's the law. Some charge buyers premium up to 10% and some charge buyers premium for plastic because of the cost involved. I still don't accept plastic (just too darned expensive). I still charge 15% plus advertising, I and my crew set up the sale and I pay my help out of the 15% I make. It's just like farming, the BTO's seem to make the money and have the angles while us small timers just barely make it LOL. I do auctions because I enjoy doing them, although I haven't done one in awhile as I'm working away from home. I do want to do one of my own this summer, need to eliminate some of my tractors and equipment. Keith
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