it is reselling. which technically is a business
her local stores can stop her and ban her from their stores if they chose. but this doesnt happen much.
and i think it depends on your area if she is required to pay tax on that
I was at a local flea market on Sunday and I saw a booth with new grocery products. I sopped nd the lady running it ran right up to me. She also had newspapers for Sale. (Sunday). Her products were reasonable, and kidding with her I said, you must use a lot of coupons! Her reply (very friendly) was, "yes, I am an extreme couponer". My question is, is this legal? Buying products with coupons and then reselling them to the public??![]()
it is reselling. which technically is a business
her local stores can stop her and ban her from their stores if they chose. but this doesnt happen much.
and i think it depends on your area if she is required to pay tax on that
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Most places if not all it's legal. Some area's may require her to have business license or dealer license or similar. Some don't.
As long as she actually purchased it then it's up to her what she does with it. If she wants to stockpile it, hoard it, dump it down the drain, give it all to charity or sell it all that's up to her.
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If a person purchases something with the sole intent of reselling for a profit, they are technically a business & must pay taxes on their profits. So, in that regard...they are breaking the law if they aren't giving Uncle Sam his cut. There's also the issue of state sales tax & having a tax I.D. #, etc..
Some may build a stockpile & see that they won't be using it all & decide to throw in a bunch of stuff in their yearly garage sale. There's no intent there - no big deal. Those that have several stockpile sales per year, for the mere profitability, would be an issue, however.
Since the IRS probably isn't going to police yard sales, what it really boils down to is a person's own moral compass. I am simply not gonna knock someone that's trying to keep their family afloat by selling their freebies to their neighbors.![]()
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There was a woman who was banned from the CVS stores in our area because she was doing just that. She was a habitual shelf-clearer, then was re-selling the things she got nearly every week at a yard sale. She hasn't had a sale for a while now.
Mom to a wonderful little boy.
We are in Central Indiana.
CVS & Wags (to name two) places stickers on their products which asks people to call a number if they found it in another store or something.
I believe I'd be much more afraid of having my face posted at every register in my city than I would be of the law tracking me down.![]()
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And those stickers never are removed by the reseller
For as much as this is a "slight" concern for maybe WAGS or CVS..we had a HUGE shoplifting ring that was recently busted here in Kansas City where they were reselling the stolen items. That is 1000 times more important to WAGS or CVS....since they are making no money off the stolen items.
The main problem with some resellers is sometimes they shelf clear and that causes internal issues at WAGS or CVS as the rest of there customers are not happy. They don't really have to ban the person though. My wags only lets you purchase one rr per item per day. So if your going to resell an item your not going to come up with 50 in one day from my WAGS. CVS already limits as well.
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I guess it depends on the place, I suppose, and if the health department would want to go after her. The main concern is where she is holding that food or even OTC drug/devices in between buying them and selling them. Is she keeping it in her wet, moldy basement? Out in the back shed with the rats/roaches? In the heat stuck in her trunk?
She is treating her local grocery/drug stores as wholesalers-which they aren't. Places that wholesale food/otc drugs/devices have to register with the FDA. Certain records must be kept for wholesaling the otc meds and devices. It's one thing if it truly is stuff you have wayyyy too much of that you sell a few items at a garage sale. It's completely different if you start a business reselling goods like that.
Food and otc drugs IMO is a whole nother ball of wax.
Food that is perishable in particular. We have one that is doing it in Missouri...@ least one of the Dillons peeps has seen her. She is buying frozen items with coupons (often the wrong coupons) throwing them in her vehicle and them driving 45 minutes in the back country to her store selling them at her mom and pop grocery store. It has bad written all over it.
I know I don't wanna buy frozen peas that were sitting in someone station wagon for a good hour or so. blech.
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I read a story about a grocery store having problems with people stealing steaks and other meat by stuffing it down their pants and then selling the meat to restaurants. Police did a sting operation and found about 3 restaurants that were buying this stuff!! GROSS!
I do get kinda peeved when I see a local restaurant owner here in town come in when steaks are on sale (limit X) and fill up a cart full for his restaurant. Ugh.