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Garage Sale Supplies Borrow tables and shelves to display your merchandise. Having a check-out table can be helpful. ⭐ Apron or fanny pack for the money. Markers, scissors, masking tape, price stickers, and poster board. Paper/pencil. Calculator. Batteries. Extension cords. Bags/boxes for customer purchases.
When you have a garage sale and sell used items, you are generally not required to hold a sellers permit. However, if you have more than two garage sales within a 12-month period, you are required to hold a sellers permit.
When determining if a sale must be reported as income it isnt the dollar amount that matters or how it was sold, but whether the item was sold for more than it was originally purchased. This is because selling something for more than you bought it results in a capital gain, which must be reported to the IRS as income.
The last full weekend (Saturday and Sunday) of the month without a registration. These are called the Designated Weekends for yard sales; Two additional yard sales during the calendar year (which includes both Saturday and Sunday as one yard sale) with a registration.
Gather Garage Sale Essentials Extra cash and change so you can break bills. Chairs for you and any helpers. Clothing racks for clothes. Price stickers and tags. Smaller display signs to advertise deals. Grocery bags and boxes for shoppers. A lockable money box or organizer. Tarps to protect items.
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