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Foreclosure Forum |
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Sales tax issueRegarding sales tax charged by rehab contractors and suppliers on the house I'm fixing for immediate resale, can I use my corporations resale license to avoid the sales tax at the time I purchase these materials? If so, how do I then charge my buyer sales tax, and how is it reported? (or am I answering my own question,i.e. I must pay the sales tax when I buy the materials because there's no way to account for it later?)
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