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Messages - txauction

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Buyers / Re: Would you resell your storage unit online?
« on: February 25, 2014, 11:41:44 PM »
IF units are selling for more online (which I may doubt), it will only be a matter of time and you will see a significant decline in such sales, after the buyers start to learn that they are paying too much and losing money.

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Buyers / Re: Do I have to pay tax on the units I buy online?
« on: February 25, 2014, 11:34:11 PM »
The simple answer is Yes, the storage facility is required by state law to collect sales tax.

There is also a misconception that you don't have to pay sales tax for items purchased online or from other states.
In fact, in Texas (and many other states), the purchaser is required to report out of state purchases and pay the sales/use tax in their home state.

If you're in Texas, you can find the form (and laws) on the Texas Comptroller website.

Yes, there is an exception for personal transactions. However, be careful... as the law also sets guidelines on whether you are just selling your own personal property or if you are buying and selling property with the intent to make a profit. If you are doing the latter, then you are considered to be "in business" and you are required to collect sale tax from the purchaser and remit it to the state.


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Stories about Storage Auctions / Re: Bidders are not your buddies!
« on: December 01, 2010, 04:18:28 PM »
You just learned what auctioneers have said for years...
There are no friends at auction!

Of course, they also use this to help people understand that entering into agreements with others not to bid on something, so that they won't bid against you, is a violation of federal law. This is referred to as "collusion" and carries very stiff penalties of up to a year in jail and/or a fine of $1-million.


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Stories about Storage Auctions / Re: I dont wanna see that!!
« on: April 29, 2010, 08:18:05 PM »
Quote from: Drew on April 29, 2010, 01:46:02 PM
How much did this "antique" go for? haha
See it here:
mizozo.com/weird/03/2010/26/three-hundred-year-old-wooden-*****s-sold-for-5300.html

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Stories about Storage Auctions / Re: I dont wanna see that!!
« on: April 28, 2010, 08:33:01 PM »
Quote from: Milton on April 28, 2010, 05:57:18 PM
Quote from: Drew on April 28, 2010, 11:33:08 AM
Why can't I just get a unit that does not have someones grown up "toys" in it! Its gross! Time for the rubber gloves! Almost every unit I get has something or the other of this nature! When will it stop!?!?! please?

Probably never, Its the world we live in now. :(
Actually, it has nothing to do with the world we live in now. Just recently, a very upscale, high-end, auction was being held and one of the items was an ANTIQUE *****!

Just a little history for you... do a search for ancient Greece or take a look at the relics of Pompeii. You'll find that such things were just as popular then, as they are now.

As far as finding such things in storage unit purchases, keep in mind... you're buying the assets of someone else's life. Keep an eye out for those nice urns, too! When you take the lid off and look inside, THAT'S NOT DIRT! It's the ashes of someone's loved one. I hope you do the right thing and try to return it to the original owner.

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General Storage Auction Talk / Re: Doors!
« on: April 28, 2010, 08:24:30 PM »
I guess I misread it.

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General Storage Auction Talk / Re: Doors!
« on: April 28, 2010, 01:45:48 PM »
Why would you do so after the auction was over?
What's the purpose of telling everyone how bad things are?
Would it be to make them think that you just made a bad purchase, so they wouldn't bid against at another one in the future? If so, isn't that about the same thing?

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General Storage Auction Talk / Re: Doors!
« on: April 28, 2010, 01:37:26 PM »
Do you know that it's illegal to "talk down" or otherwise make comments that are meant to discourage others from bidding?

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