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Buying items wholesale

Asked by: Edward Bustos - 15 December, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 What kind of license or permit do i need to obtain items wholesale, most likely online?
Answered by: Ray Albert - 17 December, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Edward,

In order to purchase items in wholesale, you would have to obtain a state sales tax vendor identification number, often referred to as a reseller's permit. If you live or are conducting your business in Alaska, Delaware, Montana, New Hampshire, or Oregon, you would not need to have this as state does not charge tax on purchased goods.

Keep in mind that you are required to resell most of the inventory you buy wholesale (thats why its called "reseller permit"). Details vary from state to state.

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