Join my private group for free and get a list of profitable products that you can find daily here: www.theprofitlist.co/ Arbitrage University Now Open For Enrollment (Launch Special, Price Going Up): bit.ly/3Dxrzez
Since selling a few months now, I'm starting to realize the profit isn't as high when you take into account you also need to pay back the sales and use tax. 😢 Nm I figured it out
@@garret_rozell I know but every quarter you need to pay the sales and use tax as a business so you still end up paying it. I had to pay $400 worth of taxes from my $1000 profit. Really cut into my overall profit since I didn't take that into account
Unless I'm doing something wrong. Does Amazon pay the sales and use tax for me. Is that what the marketplace facilitator act is about. I'm having a hard time figuring it out. Maybe you could make a video about it? Thank you.
Join my private group for free and get a list of profitable products that you can find daily here: www.theprofitlist.co/
Arbitrage University Now Open For Enrollment (Launch Special, Price Going Up): bit.ly/3Dxrzez
Great content, you don’t look at/ analyze the keepa charts?
Since selling a few months now, I'm starting to realize the profit isn't as high when you take into account you also need to pay back the sales and use tax. 😢 Nm I figured it out
Amazon does that not you
@@garret_rozell I know but every quarter you need to pay the sales and use tax as a business so you still end up paying it. I had to pay $400 worth of taxes from my $1000 profit. Really cut into my overall profit since I didn't take that into account
Unless I'm doing something wrong. Does Amazon pay the sales and use tax for me. Is that what the marketplace facilitator act is about. I'm having a hard time figuring it out. Maybe you could make a video about it? Thank you.
For sales tax yes. For income tax no.
@@middleguy1776 omg I payed over $400 for sales and use tax based off my sales. When I filled out my quarterly report based on total sales.
Hi. Do you RA more than OA ?
Amazing.
can i Edit YOUR RUclips VIDEOS?
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