Selling Coral

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brianjoy81
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Selling Coral

Post by brianjoy81 » Fri Apr 20, 2012 8:31 am

Do you need permits or any kind of paperwork to sell coral out of your house? I made a little coral farm with a little 14 gallon bio cube I had sitting in the garage. The prices here in South Carolina are ridiculous. I can order frags online and sell them for $10 more than that I paid for them and still be cheaper than the LFS here. I already had 1 guy wanting to buy stuff from me. I can advertise on craigslist. If this works out, maybe we can work somethng out Gerwin hahaha

Scott Allen
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Re: Selling Coral

Post by Scott Allen » Fri Apr 20, 2012 8:40 am

brianjoy81 wrote:Do you need permits or any kind of paperwork to sell coral out of your house? I made a little coral farm with a little 14 gallon bio cube I had sitting in the garage. The prices here in South Carolina are ridiculous. I can order frags online and sell them for $10 more than that I paid for them and still be cheaper than the LFS here. I already had 1 guy wanting to buy stuff from me. I can advertise on craigslist. If this works out, maybe we can work somethng out Gerwin hahaha
Just keep it small and ask for forgiveness. You'll be ok.

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bluwtr
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My SetUp: 55g, 70#'s lr, 40#'s ls, 10 DIY acrylic sump, in sump skimmer, 1 Jebao wp20 and 2 Koralia 1050 controlled by a Smart Wave, DIY LED's--12 RB, 10 UV's and 8 CW.
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Re: Selling Coral

Post by bluwtr » Fri Apr 20, 2012 1:35 pm

LOL! Well said Scott!

brianjoy81
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Re: Selling Coral

Post by brianjoy81 » Fri Apr 20, 2012 5:16 pm

So I take it that this is a bad idea?

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bluwtr
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My SetUp: 55g, 70#'s lr, 40#'s ls, 10 DIY acrylic sump, in sump skimmer, 1 Jebao wp20 and 2 Koralia 1050 controlled by a Smart Wave, DIY LED's--12 RB, 10 UV's and 8 CW.
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Re: Selling Coral

Post by bluwtr » Fri Apr 20, 2012 7:57 pm

Hell no! Go for it!

acbaro
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Re: Selling Coral

Post by acbaro » Fri Apr 20, 2012 8:26 pm

Sorry not tryin to steal the thread here but does that mean u can only sell locally or can u get a little official and try and sell them over the net without any problems?

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bluwtr
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Joined: Mon Oct 18, 2010 12:12 pm
My SetUp: 55g, 70#'s lr, 40#'s ls, 10 DIY acrylic sump, in sump skimmer, 1 Jebao wp20 and 2 Koralia 1050 controlled by a Smart Wave, DIY LED's--12 RB, 10 UV's and 8 CW.
Location: Gautier
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Re: Selling Coral

Post by bluwtr » Sat Apr 21, 2012 9:17 pm

I'm not sure what the amount is, but the IRS allows for an amount of unreported cash transactions per year. That's why normal people can sell on Ebay and Craigs List without having to pay taxes etc. If kept relatively small and low key there should be no problems even if sold via the internet. Again, I don't know the amount, but you can sell over the internet just fine.

Redfish
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My SetUp: AGA 150g 48x30x25, Reef Octopus Skimmer, Bio Pellet, Phosphate, Carbon reactor. Mostly a SPS coral tank with a few zoas a Green Polyp Toadstool, a Chalice or two and a couple of Scollys thrown in there. Top Off System and dosing pump system for Calcium and Alk.
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Re: Selling Coral

Post by Redfish » Sun Apr 22, 2012 10:56 am

Just as long as you don't start taking to much business from the LFS and he sic's the IRS and the state tax man after you.

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