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#1
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Quote:
I use my landed-cost basis for my cost and my net proceeds for my sale. It's not always a positive And if I don't know the cost then 0 cost basis...doesn't happen often. .
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Leon Luckey www.luckeycards.com Last edited by Leon; 09-03-2022 at 03:33 PM. |
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#2
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You know your cost basis and can prove it? Don't see how that's possible unless you've only bought from auction houses.
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#3
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I have tracked, very diligently, my buys and sales over the years. I know my landed cost basis, where and when, on every card in my collection. .
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Leon Luckey www.luckeycards.com Last edited by Leon; 09-04-2022 at 11:07 AM. |
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#4
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Quote:
Last edited by Stupe the Second Sacker; 09-04-2022 at 01:14 PM. |
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#5
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Coming out of the gate swinging. If you do it consistently, the IRS will accept it. I have a gmail account, and still have 20 years of emails; so that means every board purchase, ebay purchase, COMC purchase, PayPal transaction, etc all have a paper trail.
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-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. |
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#6
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You've never been to a card show? |
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#7
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I rarely buy anything at card shows. But you're boring me, so I'm going to stop responding and put you on my block/ignore list.
__________________
-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. Last edited by swarmee; 09-04-2022 at 08:26 PM. |
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