Re:Ask HN: What is your money-making side project outside pr...
by astura on Sunday April 21, 2019 @06:35PM
(#19715013)
It's only a "private transaction" if you aren't doing it for the intention of making a profit. (depending on exact laws).
Unless the laws in their state are solely based on volume, they are almost certainly acting as a dealer, which requires a dealer license and a bunch more legal requirements. In most states once someone buys a car with the intention of reselling it rather than using it, they automatically become a dealer.
Unless the laws in their state are solely based on volume, they are almost certainly acting as a dealer, which requires a dealer license and a bunch more legal requirements. In most states once someone buys a car with the intention of reselling it rather than using it, they automatically become a dealer.