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

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

Member since 2018 · 3 posts · 0 votes

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

0Reply
20 views

4 Replies

Jump to latestLatest
  • Raleigh, NC · Member since 2011 · 721 posts · 343 votes
    8y

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

  • Member since 2018 · 3 posts · 0 votes
    8y

    no like toy clothes  furniture  stuff like that 

  • Member since 2018 · 15 posts · 1 vote
    8y
    @Marque A Clark You don’t have to sell merchandise.. for what?
  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    8y

    @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.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.