Quote:
Originally Posted by Digging4Truth
Lord have mercy. You're working me to death here because you're just willy nilly picking out phrases.
I'll do more reading of your link later and provide you with information from your link later. I can't spend any more of my work time researching this.
But... even at this point. If you meet the definition of dealer... then you have to provide this information to the government on a private transaction.
I guess that doesn't strike you as beyond the pale.
I guess that's just good government.
That being the case... there's really nothing I can say that would affect your position anyway.
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You only have to collect information when you buys stuff. Not when you sell stuff. you can accpet cash when you sell stuff. you must use other than cash when you buy stuff. I read it several times.
bottom line, dealers who are buying second hand stuff, must pay with check or some other electronic form and collect information on those they buy from.