Taxes and Tax Preparation
You live in California but your car is registered in Chicago How those the taxes work for the buyer Do they pay California or Illinois taxes?
If you live in California, then you need to transfer the
registration to California and pay the taxes there. Visit your
local dmv with the title and they will tell you what needs to be
Should Californian business owner charge a buyer from Chicago sales tax for an item that will be resold in Chicago and the buyer do not have a valid seller's permit?
If the sale is via the internet and the California seller has no Illinois location, then no, you don't need to charge Illinois sales tax. You'll need to consult California tax law to know whether to charge him California tax, but probably don't need to charge it either. If the sale is in person in California, then yes, you should charge him California sales tax. If the sale is via the phone you could probably get away with calling it an internet sale and skip the tax, although it depends more on California tax law than Illinois tax law.
Asked in Diamonds
How much is a uncut diamond that is registered worth?
Asked in Marijuana
How much should an ounce of marijuana cost in California?
What options does a buyer have if the co buyer has possession of the car and both are listed as the registered owners?
Asked in Law & Legal Issues, Car Selling
Is it legal to privately sell a car registered in FL in another state and would the buyer have to pay FL taxes or in their state?
Asked in Vehicle Titles, Car Selling
I sold a vehicle and gave a bill of sale can I cancel the sale?
If you and the buyer are in agreement, then certainly. You would give the money back, and the buyer would give back the vehicle and the bill of sale. However, if the new owner has already registered it with the DMV, then the sale is completed and the vehicle has changed ownership. If the buyer still owes you money, and you didn't put a lien on the title, you would have to take the buyer to court.
Can you return a car within 72 hours in California?
Asked in Cars & Vehicles
When one is putting a car for sale who should take care of car registration?
Asked in Insurance, Title Insurance
Is the buyer or seller responsible for title insurance?
Here in California, it is a matter of local custom. In Southern California, typically the seller agrees to purchase the owners policy for the buyer, the buyer supplies the title insurance for the lender. In Northern California, the buyer typically pays for both policies. It is, however, a matter that is covered in the contract between the seller and buyer and is negotiable, as is everything else. All closing costs can be negotiated as part of the sales contract. Who pays for title insurance varies from state to state based on local custom, but can be negotiated between the buyer and seller as part of the sales contract. There are no laws providing for either party to be required to pay. In the case where the seller has elected to pay title expenses, the buyer needs to make sure that the Lender has approved those fees to be paid by the seller. Some types of mortgages require that the buyer/borrower have a certain amount of funds available for the closing fees and may "cap" what fees can or cannot be paid by the seller in behalf of the buyer.
Asked in Cars & Vehicles, Car Buying, Car Selling
Is the buyer or seller responsible to smog a car if the car is sold from California but buyer is from Iowa and will be registering it in Iowa?
Asked in Alcoholic Beverages, California, Liquor
How do you sell a liquor license in California?
To sell a Liquor License in California the licensee must find a qualified buyer. The Buyer must have a premise to place the license and money to fund escrow. It is illegal to transfer a Liquor License without opening an escrow. The Buyer must be diligent and complete an application to be submitted to the ABC. The most DIFFICULT part of selling a Liquor License is finding a qualified buyer who is serious. If you are having trouble locating a buyer contact a Broker who has clients throughout California. Larger Firms that have offices with Brokers and Proccessors can get your deal done quicker and for a better price because of their connections to Major clients who are willing to pay top dollar.
Asked in Hobbies & Collectibles
Is a German MG 81 A Class III weapon or a curio and relic?
Asked in Browning Firearms
Browning 380 serial number 71n04255 who is it registered too?
This is not public information. Contrary to public opinion, most guns are not "registered" Certain cities or States require a local registration. Background checks are now mandatory, but it is the buyer that is being checked. This gun was made in 1971 and sold when only the Dealer was required to have the buyer fill out a form that the Dealer kept for a certain number of years. Who knows if the gun was registered or not in a certain city or state. Law Enforcement agencies can track only so much.
Asked in Car Selling
How do you sell a car registered in Arizona in California?
You can sell your car, which is registered in Arizona, everywhere if you choose online way selling. Find any car auctions, better public auto auctions and place your car for selling and let the bids grow. you have chances to sell your car for more money and seconds: you can deliver your car everywhere or to ask the buyer pick up your car from Arizona. Good Luck in your selling process!
Who is egor an investor in Chicago real estate?
Asked in Vehicle Titles
Where does my dad sign on an Illinois auto title to transfer vehicle ownership to me He would sign under seller and I under buyer right?
Yes, he will sign under Seller and you will sign under Buyer. Some states require a notary public to witness and notarize the signatures, If it is so in Illinois, it would be best to wait to sign in front of the notary public, If notarization is not required, it's ok to sign and then transfer the title. If you are not a car dealer, you sign on the front of the title (in Illinois) in the area under "assignment of title".