Taxes ? on Auction House Consignments

[steve B]

If you are a business, there may be other taxes to consider. My city has a tax on a business inventory as long as it's held in the city. Sort of panicked me when I found out, since I'd briefly had a resale certificate, and lots of "stuff" which a taxman might consider to be inventory since I'd sold stuff in most categories of collectibles. T say nothing of the random assortment of rusty metal rods, wood pieces, other random metal pieces etc that I sometimes make things out of.