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Was in Marshals the other day and they had a ton of Nike and Adidas backpacks for $20 each. They were all brand new and still had the Manufacture Tags on them. I bought one for a recent trip and when I got home I realized they go for $40-$100!!! With them being new and tagged they should bring in a pretty penny.

Has anybody here picked at these stores?

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New to Storage Auctions? / all cash sale but what about deposit?
« on: May 17, 2011, 10:27:37 AM »
I have been trying to count the cleaning deposit in with my bids which has never gave me much to work with.

Do you need to have the cleaning deposit in cash at the time of sale? Ive always heard you need the amount that you bid the minute you win but nothing about the cleaning deposit. Can you use credit for deposit or run to the atm?

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General Storage Auction Talk / Gas Prices
« on: May 05, 2011, 11:25:33 AM »
How have Gas Prices effected your storage auction business?


Ive noticed a lot of "out of towners" haven't show up to the last couple of Auctions here in my town. Also, I haven't left town for an Auction in 2 months!

I figure with so many locals showing up to these Auctions, added with the local whale, it has deterred some people from spending gas money for their gas guzzling trucks to travel for auctions

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New to Storage Auctions? / Sales Tax Question from a noob
« on: May 04, 2011, 02:50:10 PM »
I buy storage units and pay the taxes on the unit itself. I then hold garage sales and do craigslist to sell the merchandise.

Now I understand the importance of reporting everything you make to the IRS but I have never been to a garage sale where receipts are given and tax is charged. The same thing with craigslist.

Now I am a noob somewhat and I dont want to get in trouble but i am confused because im not running a business im just doing this as a hobby.

Just a little confusing




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