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eBay Withdrawal

Started by Doug Rose, November 29, 2015, 06:35:59 PM

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WEBellSystemChristian

Quote from: Jim S. on November 30, 2015, 06:39:48 PM
From a tax standpoint it is probably better to treat them as used consumer goods vs collectibles.


JMO,
Jim S.
...I wish USPS would treat them like collectibles rather than used appliances...

Stan, wouldn't only a portion of the money you receive from a sold phone be considered profit? If you buy a phone and put effort (paid-for restoration products and labor) into it; that costs money. Whatever you paid to put it out on the market should be deducted from the profit, the profit is what puts you in the black.
Christian Petterson

"Whether you think you can or think you can't, you're right" -Henry Ford