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Old 07-01-2009
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Default Thinking of designing an auction site "help"

Ok,

I am looking into build a niche auction website, not to profit however to expand my skill set and creativity "been wanting to for a while actually", if it does well great, if not I dont care as it is not a business focus.

So my questions are simple:

After reading the laws with the IRS if I start an auction community would I need to report sellers as well? What laws do I need to learn to launch an auction site? Auction site is free as well.

Niche industry in: Collectibles "not all or half, very well defined niche in collectibles".

Thanks
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Old 07-01-2009
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I dont think you have to report sellers, its the sellers responsibility to report their income.
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Old 07-02-2009
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This is actually if you have your own payment system and then force all sellers to use it. Else you can't keep track of it.
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