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Reply to "Does anyone here sell or shop on ebay?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I sold my Dyson hairdryer for close to what I bought it for on eBay recently, and was shocked at how much higher the seller fees were than what they used to be! [/quote] Right? It's hardly worth the effort. If you sell over $700 annually, you have to fill out federal tax forms. That pushed me over the edge - so not worth it.[/quote] But if we’re selling things around the house for less than we paid for it, how does that work. This should just apply to businesses and resellers. That’s what was good about eBay - everyone’s old and unused things, not the mass discounters. [/quote] My DH sells collectibles. He has no record of what he paid for them years ago, so we don't try to sort out what is profit/loss: we just let it be taxed as regular income. [/quote]
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