New Oliver/PM 16" straight cutterhead are in the $8-9K range.
The Extrema is also Asian; solidly built iron with pretty high marks for
durability and such...certainly if you've the space and power and can
get it moved (it'll weigh 1500 lb minimum), it'd easily be worth $5K as
far as actual value; of course, getting money back out would likely all
be in the chance't finding someone else if that were ever to be a
The jointer went for $3700, probably a reasonable price. I didn't bid on it, as the bidding exceeded my highest offering a few hours before the sale closed.
The bandsaw went for $950, which was more than what I expected it to fetch.
I know where a 24" Oliver jointer is (within a reasonable drive), for $3500. Today, I received a few more pics from the guys. Maybe (I suspect) they'll take less. I haven't made an offer, yet, and 24" is way too much more than I need(?) or want.
Plus whatever it takes to get it home and setup...but that's still
"only" about 50% what new would be. If you're already set up with 3P
power and have reason, wouldn't be a terrible buy...not a real gloat but
not bad for what appears a machine in good condition...
On 10/18/2017 8:50 PM, firstname.lastname@example.org wrote:
Sale is a sale. Business buying it may be exempt.
Perhaps the local tax laws are different from where you live.
CT tax law:
If a seller that is represented by the sales agent is engaged in
selling the property in the regular course of business, the seller is
liable for collection of sales tax from the buyer measured by the gross
receipts from the property sold. If the seller is making a "casual sale"
pursuant to Conn. Agencies Regs. Β§12-426-17, tax does not apply to the
sale of the property by the seller to the buyer. In either case,
however, the sales commission paid to the sales agent by the seller is
Good new though, caskets are exempt from sales tax!
From: http://www.irsauctions.com/popups/auction_specific_terms.asp?auc !435
"TAXES: Sales tax where applicable, applies to all sales unless the
Buyer, in the sole determination of Auctioneer, provides Auctioneer
with proper sales tax exemption documents."
The only internet auction I've ever bought from is eBay. The only
time I pay sales tax through eBay is if the seller is located in my
State. I have never paid a "Buyer's Fee" regardless.
If I were the highest bidder on either of the following auctions, I
would only pay my wining bid amount because I'm not a resident of
But you may be subject to the Use Tax. Ebay gets a cut of the selling
price and that is included in your bid offer. In most sttes if you are
not charged a tax on out of state purchases you are supposed to pay a
Use Tax to your home state. Just send it in!
Precisely. But most do not pay a sales tax on these type transactions
because they are not a business. It is not financially feasible for the
state to track down and go after non business unregistered buyers.
It is the responsibility of the buyer to pay the sales tax and the
sellers responsibility to collect the sales tax and submit to the state
that they are doing business in. If the sale is outside the state the
buyer should submit the sales tax directly to the state. But few ever
On 18-Oct-17 7:50 PM, email@example.com wrote:
"An auction is a sale of land, property, or services to the highest
bidder. An auctioneer is a person authorized to sell property and
services at auction for a commission or fee."
"Auctioneers are retailers and must obtain a Nebraska Sales Tax Permit.
Auctioneers are required to collect and remit the appropriate sales tax
on all sales, unless a specific exemption applies. The auctioneer must
retain documentation in his or her business records supporting all
"Farm Auctions. Household goods, personal effects, tools, miscellaneous
items, and farm machinery and equipment sold at a farm sale conducted,
supervised, or aided by an auctioneer are taxable.
Agricultural machinery and equipment that is used directly in the
cultivating or harvesting of a crop, the raising or caring of animal
life, or the collecting or processing of an agricultural product on the
farm or ranch is exempt from tax with a completed Nebraska Resale or
Exempt Sale Certificate, Form 13, from the buyer. For additional
information regarding this exemption and types of qualifying machinery
and equipment please see the Agricultural Machinery and Equipment
When the auctioneer makes sales of qualified agricultural machinery and
equipment, he/she is acting like a farm implement dealer and must charge
the sales tax on machinery and equipment at farm auctions unless the
buyer completes a Form 13."
I know no other state in the area surrounding us and including KS that
doesn't have essentially identical law. KS is a little "more simpler"
for farm use declaration in that the purchaser can have an exempt
certificate on file rather than having to have specific certificate in
hand. But, in theory, anything other than the specifically-exempted
production equipment is taxable if the auction is conducted by auctioneer.
Individual one-on-one sales are _not_ covered and are exempt.
States will make every effort to tax any and all financial activity
wherever and however it takes place that they have any hope whatever of
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