"lonnie" Deals
You guys that have been doing these deals for a long time have already learned alot of the hard knock lessons about this. I have a few questions since I am actively searching for my first lonnie deal and I was wondering if you all went to the trouble of getting a dealers license for the first deal or not? Is there a way to avoid paying the tax on it without having a license? The tax here in TN is 9.5% and I dont want to give that much to them for me to hold it for as short a time as possible. Also what wording would you recommend in my classified ad? would you just pull from deals on wheels or have you had more success with something else?
Thanks so much for any information you have!
Craig
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