@F For Fake @ttfitz @batman_fan @snitzer @october
This question is not necessarily for anyone specific but rather curious to see what folks in general are doing on this one.
For Paypal fees, UPS/USPS services etc. shipping costs, packing supplies, and eBay fees; is it better or preferred to just lump these all together into line item 10 on the Schedule C or do you explicitly label these individually in Part V and then that aggregate total gets carried over to line 27a.
For someone perhaps in the middle i.e. comics is not an actual business as you get a W2 from your career job but due to higher $$$ transactions and/or 1099-Ks, your comic transactions land you on the Schedule C anyways, does it make sense that with your collection, if you knew a couple years down the road you will sell a specific run or groups of slabs, is there any benefit to carrying these as "inventory" in Part III (Cost of Goods Sold?)
Put a different way; you are not running a comic empire business. You are really just a collector but because of 1099K issuance, you have to fill out Schedule C. Is it acceptable to have $0 value for beginning inventory and ending inventory each year since you can't predict the future with respect to when/if you might sell a bunch of slabs.