ebay authenticity guarantee limits now 250/750

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#11

05-24-2022, 08:07 PM

perezfan

M@RK ST€!NBERG

Member

Join Date: Apr 2009

Posts: 8,173

Quote:

Originally Posted by ullmandds

if you are an investor...yes...collector...no! That's f'ed up isnt it!

Not just f’ed up… it’s criminal. They even let you deduct gambling losses (or at least they used to).

So if you sell 10 items… lose a combined total of $5K on nine of them, but net a profit of $1K on one of them…. You’re on the hook for $1K in taxable income? Even though you’re down $4K for the total sale? I can see why people want to avoid reporting, if the system is really that rigged against you!

Last edited by perezfan; 05-24-2022 at 08:10 PM.

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