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Flea Markets, Thrift Stores, Yard and Garage Sales

Every week, especially weekends, people hold garage sales or yard sales. The purposes range from clearing out old belongings to raising a bit of cash. Millions of people also consign, sell, or buy at thrift stores and flea markets for second-hand goods and manufactured goods 'with flaws'. While yard and garage sales are deemed outdoor events, most flea markets and thrift stores use permanent indoor venues and often offer food and drink vendors. Whether buyer or seller, these venues give opportunities for spending--or making--quick cash.

500 Questions

Are garage sales legal?

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Asked by Wiki User

You should always check with your local government for local laws. But otherwise, the whole point of a yard sale is to sell second hand 'new', almost new, or used items. As soon as a person buys a new item from a store, it automatically then becomes 'second hand'. So yes, yard sales sell second hand items.

Do you need a licence for a homemade thing at a yard sale?

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Asked by Wiki User

The vast majority of flea market vendors have no license of any kind.

But if you want to create an actual small business and reap the tax and small business loan benefits of an actual small business, you would be well-advised to apply for a business license and a tax or resale license or permit.

A resale or tax license or permit means the state wants you to collect sales tax on every sale and submit it to the state once per quarter, just like any retail store. (The cost of the permit would be a business deduction.)

Having a business license would allow you to form an LLC.

Forming an LLC (limited liability corporation) is the easiest to form. A single proprieter type of business would be well to become an LLC. Becoming an LLC protects your personal belongings from liability from your business. It's rare when accidents happen at flea markets, but if one of your displays or tables were to fall on someone and injure or kill them and they or their estate sue, it could cost you dearly. Being an LLC will help insulate your own personal holdings from court judgements.

I make thousands of dollars each and every month selling at flea markets and swap meets and always get paid in cash! It's fun, it's easy.

Do you have to pay taxes on income from a yard sale?

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Asked by Wiki User

Absolutely! First, you should check with your town to find out if you need a permit. Also, be sure to note how many days per year you are allowed to have a garage sale with your state before it's considered a legit business and you will be required to pay taxes.

To make more money on the yard sale, you'll need to properly advertise it so that a large amount of people show up to buy your stuff.

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Name a reason why someone might hold a garage sale?

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Asked by Wiki User

family fued answers:

1.) get rid of junk

2.)moving

3.)make money

4.)make some room

How do you make your parents let you have a yard sale?

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Asked by Wiki User

tell them alot of times that you dont need it and say that u will give the money to charity but dont!!!!! =] then they might give in to u if they dont say to them u can sell some of it for free

When is it the best time to have a garage sale?

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Asked by Wiki User

Dont sell when people need to keep their money for holidays, birthdays, Christmas, Easter, family outings, buying a new car or house, buying food or clothing. In short, there is no best time to buy or sell anything. Put your article in an auction that best suits its description if it a specialist item

How much should a Nintendo DS sell at a garage sale?

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Asked by Wiki User

original ds: about $20

no way like 60-120 dollars (depending on the condition)

How do you know what to price somthing at garage sales?

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Asked by Wiki User

Have a "free" box for all those plastic cups/containers, odds & ends you want gone.

Books don't bring much money - have a box Labelled $ .25 and fill it with books.

Clothes - unless it's an expensive suit or gown, clothes don't bring much money. Charge anywhere from $ .25 for socks to $3.00 for a dress. Nice coats perhaps $5.00. Nothing higher.

Electronic equipment is in demand. If selling anything electronic (toaster, lamp, etc) have an extension cord available for people see if it works. $5.00 up to ??? depending on the original price and what it is.

Group items rather than pricing individually, except for the big items (dining set, sofa, etc).

Again, if you want it gone, price to sell and be quick to negotiate. If there's a particular price you want, price it higher to give room for "haggling". People like to think they got a good deal just by asking.

What is best way to sell personal items online instead of having a garage sale?

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Asked by LinaHealy

There are several options one can use to sell their stuff online, but the most successful sites include eBay and Amazon. Etsy is also a good site to use for those who would like to sell homemade crafts, jewelry, and art.

How you you get a permit for a yard sale?

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Asked by Wiki User

Pretty much anywhere. You may need to get a permit from your local government first though.

How much does a thrift store assistant manager make?

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Asked by Wiki User

The Assistant make 25-28k a year. You can have potential bonuses of making 100-500 a month if you make sales. The Store manager is where the money is at 60K

Do you need a permit to have a yard sale in north myrtle beach?

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Asked by Wiki User

There is nothing on there website that says you need a permit. You may want to check eith your local government though.

Do they sell north face jackets at the flea market?

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Asked by Wiki User

Yes and sometimes they are the official stuff and sometimes they are knock offs. Used jerseys are also normally available and are a bargain.. I bought an Atlanta Braves Jerey brand new for $20 and it is the same jersey they actually wear and sells for up to $100 in MLB stores..

Do you need a permit to have a yard sale in Tampa Fl?

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Asked by Wiki User

different cities and towns have different laws. Most larger cities require you to have permit. Smaller towns usually don't make you have a permit. Check wih local authorities to see about your town.