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Personal Finance (Not Investing) • Proper way to open business for own home renovation

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While there is a proper way to register a legitimate business, renovations to your home are not a “business” for the homeowner.

For the Lowe’s account, are you just receiving a 5% discount off the product price or are you also being exempted from paying sales tax, if any? If the latter, you may owe “use tax” unless you are a legitimate business.

Statistics: Posted by HomeStretch — Fri Dec 20, 2024 12:54 pm — Replies 2 — Views 80



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