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Unfortunate laws - Page 2

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  1. #21
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    This forum is very corrupt. You should leave.

    Quote Originally Posted by Proton View Post
    Too many half truths being submitted on this forum, time for me to take my leave.

    How about Stripped Copper Wire? (ARS 44-1646 A and B)



    Yes, but Arizona Law requires that we can only purchased Striped Copper Wire from a business entity with valid business license/tax I.D. or a registered contractor with a current/valid R.O.C. number.

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  3. #22
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    Without giving my location away (for privacy reasons) let me just say this. If you take things that you know will be accepted first (steel, aluminum cans, insulated wire that isn't worth stripping, etc.), you may eventually gain someone's trust. When they've seen you come several times over a 6-12 month period, they are more likely to give you the benefit of the doubt. I had a catalytic converter that I couldn't get rid of for years. Finally, I started going to a new place. After several trips I decided to try turning in the catalytic converter to them. They said they are not supposed to take them, but he took it anyway. Only got $10 for it though. He does accept stripped wire from me without question. There might be an issue if I had stuff that was really thick, like 1/2" or thicker. Then, I can imagine someone thinking it is stolen!

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    Quote Originally Posted by auminer View Post
    Totally not true. I do it all the time. Some yards want you to fill out some forms and get an ID to get cash for non-ferrous. Some will only accept non-ferrous from registered businesses, some will only do business with registered businesses and pay them by check written to the business... so do like I did and register as a business. 20 bucks at the county clerk's office for an "assumed name" certificate with which you can open a business bank account, too.
    This could become pretty expensive as you might then need to file corporate taxes (Federal and State) in the name of the business as well. And then a known business which doesn't file tax returns might open themselves up to being audited. Ditto for a business that has little real operations, but continues to file returns and pay for business licenses year after year. I'd think this through carefully before going down that road.

  5. #24
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    Quote Originally Posted by recyclersteve View Post
    This could become pretty expensive as you might then need to file corporate taxes (Federal and State) in the name of the business as well. And then a known business which doesn't file tax returns might open themselves up to being audited. Ditto for a business that has little real operations, but continues to file returns and pay for business licenses year after year. I'd think this through carefully before going down that road.

    You are assuming that to open a business, it has to be incorporated or an LLC. You can easily open a business as a sole proprietor and the only cost, after you pay the county, are the monthly fees for your checking account. Taxes get filed on a schedule C attached to your 1040, which, BTW, allows you to deduct all of your legitimate business expenses.

    Now, if the law requires you to be incorporated, then yes, you are correct about the possible expenses.
    Have Fun,
    Harold

    I hate rules, but I love junk.

  6. #25
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    Quote Originally Posted by ScrapmanIndustries View Post
    In Texas you can't get cash for anything besides Steel and cans last time I was down there. And In Cali they tried charging me for a microwave, I guess since it has that pink powder stuff. But thats the first time I've heard of that wire law. Maybe save up a bunch of it and take it to another state. Or just take some in and see if the yards are following that law.
    Have to agree with auminer on this, I have scrapped for many years here in TX, and have never had an issue. I have sold stripped copper wire, insulated copper wire, aluminum/copper ac coils (with paperwork), brass, etc. All I deal with is legitimate yards, and none have ever refused to take anything. This is in the DFW area.


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