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  1. Walley

    Shipping and taxes

    TAXES | REGS WEB/DIGITAL 
    So should I just keep the receipts for everything shipped and minus the total shipment prices from the total cost price + the extra money they paid for the product? Let's say: $100 (Total amount made from total sales without shipping added) $20 (Total amount customers paid for shipping) $12...
  2. Walley

    Shipping and taxes

    TAXES | REGS WEB/DIGITAL 
    I've been pondering about this question and was wondering what other people thought. I started selling on ebay and list a flat rate shipping for my items. Let's say someone bought a shirt and I listed the shipping at $5. The shipping actually cost me $3 when I shipped out the shirt. What do I...
  3. Walley

    What business type for selling online..

    EXECUTION 
    I just realize I accidently put this in the wrong section. Sorry.
  4. Walley

    What business type for selling online..

    EXECUTION 
    If I were to sell items on ebaydotcom and small bulks on liquidationdotcom... will I still be consider a retailer? Or... will me selling on liquidation categorize my business as a distributer? Any tax advantage of one over the other? Will I be able to easily change the business type? Or...
  5. Walley

    What's consider a good roi on selling tangible assets?

    Thanks for the replies. Yes that's better stated. I wanted to see what people thought of my profit margin.
  6. Walley

    What's consider a good roi on selling tangible assets?

    I remember reading that 10% roi a year is a good return for investing in stocks. What about rois on selling things like clothes, electronics, etc? I seem to be getting 30-50% selling things on ebay. I always want to double or triple my return. I'm wondering what people consider a good return?
  7. Walley

    How much do you pay yourself?

    Thanks for the replies. Looking forward to read Russ's thread about this. I think this question sums up what I'm trying to get at and I was wondering what percentage do you all deduct for living expenses.
  8. Walley

    How much do you pay yourself?

    I'm planning on starting a sole or llc soon, selling stuff online. I was wondering from others that are in the same boat... what percentage do you pay yourself from the extra money you make? I want to feed it back into the business, but along the future I want to be able to pay myself, just...
  9. Walley

    I need some tips for buying with letter of credit..

    I'm planning on purchasing some products from China. I need some tips from people who have used L/C. The safest way seems to be using letter of credit through my bank. Do I need to have a business account to do this? Any other tips will be appreciated. Thanks a lot.
  10. Walley

    Need tips on buying and selling bullk products

    WEB/DIGITAL 
    Thanks for the replies.
  11. Walley

    Need tips on buying and selling bullk products

    WEB/DIGITAL 
    I've been able to sell things on ebay for 75-100% profit. I eventually want to be the one selling small bulk loads to other people. For example instead of buying 100 shirts and selling 100 to 100 people, I'll buy 1000 shirts and sell 100 shirts to 10 people. The process is going slow because I...
  12. Walley

    Need Help Finding Manufacturers and on Alibaba

    Many.... If you search the community section of the site you can find some. You can also google for alibaba scams. People have lost thousands. I've only bought 1 product of the suppliers on that site and got it. I paid for it through paypal and the supplier was willing to work with paypal. You...
  13. Walley

    Need Help Finding Manufacturers and on Alibaba

    Beware of the suppliers from that site. Many of them are scammers.
  14. Walley

    I checked over 35,000 3 letter domains yesterday...

    OFF-TOPIC 
    I did a bulk search.
  15. Walley

    I checked over 35,000 3 letter domains yesterday...

    OFF-TOPIC 
    and....all of them were gone. .. Just out of curiousity I made this little script to generate random 3 letter words and got about almost 12k before it just started showing duplicates. I took those names and checked the .com,.net,.org and all of them were gone. Took a while to check though...
  16. Walley

    Grants for home purchasing?

    REAL ESTATE 
    Has anyone here got a grant for purchasing a home?
  17. Walley

    Host a Design Contest!

    WEB/DIGITAL 
    What happens if the host just takes the design and run?
  18. Walley

    Need some advice on first home buy...

    REAL ESTATE 
    Thanks for the replies
  19. Walley

    Need some advice on first home buy...

    REAL ESTATE 
    Around summer time I'm looking on purchasing my first house. I live in FL, and the home will be located in SC. I'll be using a VA loan to finance the house, so I don't have to put anything down. I have family that will be living in it and paying off the monthly mortgage. What's a good way to...

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