I starting an online store selling surplus, however I'm trying to rack my brain around the rules Maryland has in place. For Now I will hold inventory in my house and ship from there. I have a few questions if someone with this experience could help.
1a) Because I hold inventory in the state I must register as a Maryland LLC, I'm unable to register in a state with better taxes?
1b) is the inventory consider taxable as "Business Personal Property"?
2) The business will be strictly online, would I still be required to obtain a Sales Tax/Traders permit?
3) In Maryland I only have to pay the sales tax of the place I'm shipping to?