Quote:
Originally Posted by GrayGhost
File a schedule c as a business. If not, the sale of collectibles at a profit is capital gains
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Not sure that I follow this strategy.
Obviously if you are a dealer, then this would make sense. But Sch C income is ordinary, and taxed at ordinary rates.
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Trying to wrap up my master mays set, with just a few left:
1968 American Oil left side
1971 Bazooka numbered complete panel
Last edited by raulus; 12-15-2023 at 07:12 PM.
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