Commercial Business, & Estate Liquidation Auction Services

Professional online auction asset liquidation

We're here to help

J to P Auctions is the go to auction company in the greater Granbury area and beyond. With several years of experience in the online auction business liquidating Commercial, Businesses, Estates, Inventory, Assets of all kinds. J to P Auctions is the professional team to turn to for all your liquidation needs.

Business Liquidation Services

Business Liquidations

Complete business asset liquidation. Empty the building and maximize return.

Estate sale auction services

Estate sale Liquidations

Your families items will be sold to owners who will give them a new life.

Inventory Asset Liquidation services

Inventory Asset Liquidations

Sell machinery, production equipment, vehicles, B stock & shelf pulls.

Watch how it's done

Watch the video to see how our team professionally processes your auction from start to finish.

Experienced, and certified.

Our team has completed the extensive Auction Spear training course and is an Auction Spear online auction certified company.

Get started in three Easy steps

Schedule a FREE assessment

Schedule an Assessment

An auction expert will answer your questions and explain the online auction process.

Process inventory

We Process Your Inventory

The auction team does all the work for you so you can take care of more important matters.

Get results

Get Results Fast

Empty your building or house within a few weeks and get cash in your hands.

Bid in an Auction or start your own online auction business with Auction Spear

Auction Spear

Free to register & Bid

Save money on all kinds of great stuff and have fun at the same time!

Bid in an auction now, it's FREE to register and no credit cards nor membership fees are required!

Auction Spear business opportunity

Start your own Business

With our training and support system, your auction business success is nearly guaranteed. Follow the simple online training system, upload your items, start your auction, and you’re off and running!

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The Tax Advantages of Running Your Own Online Auction Business

May 02, 20252 min read

The Tax Advantages of Running Your Own Online Auction Business

Starting an Auction Spear online auction business isn’t just a flexible way to earn income, it also opens the door to a range of tax advantages that traditional employees don’t enjoy. If you're running online auctions from home, the IRS allows you to deduct many of your business-related costs, which can significantly reduce your taxable income.

Deductible Expenses:
Everything you use to keep your online auction business running may qualify as a business deduction. That includes your computer, shipping supplies, photography equipment, seller platform subscription, advertising costs, and even the portion of your internet and phone bill used for business. If you use a room in your house exclusively for your online auction operations, you may qualify for the home office deduction as well.

Vehicle Use:
If you're sourcing inventory from estate sales, business liquidations, or commercial asset reductions, the miles you drive for these trips can be deducted. Be sure to log mileage or actual vehicle expenses for accuracy and compliance.

Inventory and COGS:
Inventory purchases and the cost of goods sold (COGS) are major components of an online auction business. These are fully deductible and directly lower your taxable profit.

Self-Employed Retirement Plans:
With a SEP IRA or Solo 401(k), you can contribute a large portion of your profits toward retirement—far beyond what traditional employees can contribute—while also lowering your taxable income.

Health Insurance and Services:
Self-employed individuals can often deduct their health insurance premiums, and hiring contractors (like photographers, copywriters, or virtual assistants) to help grow your auction business is also deductible.

The takeaway? Running your own Auction Spear online auction business not only puts you in control of your income but also provides real opportunities to keep more of what you earn through smart, legal tax strategies.

Take advantage of the tax benefits today, contact Auction Spear now to get started with your own online auction business. Visit our website at AuctionSpearinc.net

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Phone Number: 817-980-5218

J to P Auctions

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