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  #1  
Old 01-31-2014, 07:00 PM
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bn2cardz bn2cardz is offline
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Quote:
Originally Posted by kcohen View Post
If that rationalization floats your boat, go with it.
Haha! It isn't just a "rationalization", it is the truth.
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  #2  
Old 01-31-2014, 08:19 PM
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ValKehl ValKehl is offline
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Ken, I completely agree with you. A PayPal payer is either purchasing something, or he/she isn't - it's NOT a gray area.
Val
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  #3  
Old 01-31-2014, 08:28 PM
Rob D. Rob D. is offline
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Originally Posted by ValKehl View Post
Ken, I completely agree with you. A PayPal payer is either purchasing something, or he/she isn't - it's NOT a gray area.
Val
Many people agree with Ken (and you, Val).

One only has to do a simple search of the Net54 archives and read posts that say "eBay makes too much money as it is" or "eBay forces me to use PayPal" to realize that foregoing buyer protection usually has nothing to do with using the "gift" option when making a purchase and everything to do with cheating PayPal out of the fees it charges for providing a service that the buyer and seller choose to use.

Last edited by Rob D.; 01-31-2014 at 08:32 PM.
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Old 01-31-2014, 08:49 PM
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ValKehl ValKehl is offline
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Hi Rob,
I admit that one of my pet peeves is sellers who request payment only via PayPal "gift" (which I gather is now PayPal "friends"). This is very similar to my pet peeve re folks who boast about cheating on their income taxes, especially those who act like I'm some kind of idiot if I happen to mention that I don't go down that road.
Val
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  #5  
Old 01-31-2014, 08:54 PM
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I would think that using paypal gift or friends all the time would be a huge red flag for the IRS. I know that most people here using it just don't want paypal to cut into their profit on a sale, but I think the IRS looking at it would see a lot of money moving around between "friends".
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Old 01-31-2014, 09:23 PM
Sean1125 Sean1125 is offline
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Originally Posted by slidekellyslide View Post
I would think that using paypal gift or friends all the time would be a huge red flag for the IRS. I know that most people here using it just don't want paypal to cut into their profit on a sale, but I think the IRS looking at it would see a lot of money moving around between "friends".
IRS does not look at it unless you receive $20k or more than 1k transactions in a given calender year. Those 20k in transactions have to be REGULAR paypal as well.
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Old 01-31-2014, 09:27 PM
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It would seem that some sellers want to remain below a certain threshold with regular Paypal, and request gift or friends and family payment. If that is the case, maybe they would offer a discounted price?
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Old 01-31-2014, 10:09 PM
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Originally Posted by Sean1125 View Post
IRS does not look at it unless you receive $20k or more than 1k transactions in a given calender year. Those 20k in transactions have to be REGULAR paypal as well.
I know...I blow by that in a month and a half.
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