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Opinion on Forest king 30 Ton Log Splitter.

Discussion in 'Chainsaws and Power Equipment' started by 68jbush, Nov 21, 2015.

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  1. clemsonfor

    clemsonfor

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    Dont flag it theres nothing wrong with buying and reselling to make a buck? Thats the capitalist system. And sounds like your talking about the maynards splitter and not TSC??
     
    clemsonfor, Nov 29, 2015
    #101 Top
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  2. MasterMech

    MasterMech The Mechanical Moderator

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    You're absolutely right Clem. Nothing wrong with buy low and sell high. I'm sure he's got his license to collect sales tax all squared away and is either using a legitimate business to manage the funds or is reporting the income generated on his personal tax returns. Retail is a tough business and I wish him luck.

    Uh huh. Sure.
     
    MasterMech, Nov 29, 2015
    #102 Top
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  3. brenndatomu

    brenndatomu

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    Offer 'im $860, that's about what it would have cost you after tax if there had still been one at the store. Explain to the guy that you tried to get one at the store but the "flippers" had already cleaned 'em out. Can't anymore than tell you to get stuffed...:whistle:
     
    brenndatomu, Nov 29, 2015
    #103 Top
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  4. clemsonfor

    clemsonfor

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    Just like I'm sure you reported anything you made as well as your expenses from any saw you have ever sold or flipped???:)
     
    clemsonfor, Nov 29, 2015
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  5. MasterMech

    MasterMech The Mechanical Moderator

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    Those are used goods. Saws that I have purchased, used for my own personal use, and decided to sell. And yes, if I've purchased equipment to re-furb and sell, I've sold it through my business and used the funds to grow the business.

    Buying a small lot of new goods to flip on CL, eBay, or elsewhere is no different than if I had called up a distributor, bought several units, and resold them without collecting the tax or reporting the income.
     
    MasterMech, Nov 29, 2015
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  6. clemsonfor

    clemsonfor

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    Ok so your saying you have reported all your income thats good. Used saws that make a profit are still required I believe to be reported on your 1040 . I think after a certain threshold is reached. I'm no tax account here though.

    If you buy a saw to flip and make money thats capital gains to an individual right? If you have a biz license its just biz income/loss??? Like I said no expert.
     
    clemsonfor, Nov 29, 2015
    #106 Top
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  7. Chvymn99

    Chvymn99 Moderator

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    My Swisher has a pulley disconnect for starting in cold weather. Which puts the full pull on just the engine.... Let the engine warm up a bit, reengage the belt.
     
    Chvymn99, Nov 29, 2015
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  8. Firewood Bandit

    Firewood Bandit

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    Firewood Bandit, Nov 29, 2015
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  9. Rowerwet

    Rowerwet

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    DR is having a splitter sale right now, 3-500 off each model and free shipping to a freight depot.
    They have a new electric kenetic model for $600 with free delivery.
    Ends DEC 17.
     
    Rowerwet, Nov 29, 2015
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  10. LinkedXJ

    LinkedXJ

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    lol

    All sorts of winning going on here.
    I said winning, not whining.
     
    LinkedXJ, Nov 29, 2015
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  11. lukem

    lukem

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    lukem, Nov 29, 2015
    #111 Top
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  12. MasterMech

    MasterMech The Mechanical Moderator

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    MasterMech, Nov 29, 2015
    #112 Top
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  13. clemsonfor

    clemsonfor

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    Haha!
     
    clemsonfor, Nov 29, 2015
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  14. lukem

    lukem

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    :whistle:
     
    lukem, Nov 29, 2015
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  15. HDRock

    HDRock

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    HDRock, Nov 29, 2015
    #115 Top
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  16. clemsonfor

    clemsonfor

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    The skys the limit. Room to bargain!
     
    clemsonfor, Nov 29, 2015
    #116 Top
  17. LinkedXJ

    LinkedXJ

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    Ch-Ching!
     
    LinkedXJ, Nov 29, 2015
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  18. T-Stew

    T-Stew

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    I do respond in kind.
     
    T-Stew, Nov 30, 2015
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  19. Firewood Bandit

    Firewood Bandit

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    Flagging a legitimate ad is not "responding in kind". It is the response of bad loser. The guy did nothing to harm you other than the perceived slight of buying something you did not. You don't even know if this is the person who got the last one. A proper analogy in your example would be a parent at a little league game berating the ref for their kid striking out.
     
    Firewood Bandit, Nov 30, 2015
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  20. clemsonfor

    clemsonfor

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    That guy may have been there at 5-6am and maybe only could afford one. Maybe he is hoping to make a few hundred bucks to help cover gifts for his kids christmas.

    I buy stuff to flip. The money I make goes to pay bills mostly not to buy beer cigarettes (dont smoke at all or drink really)and other luxuries for just me???
     
    clemsonfor, Nov 30, 2015
    #120 Top
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