-
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
-
Posts
337 -
Joined
-
Last visited
Personal Information
-
Location
Phoenix, AZ
Recent Profile Visitors
1,366 profile views
-
rapid08 reacted to a post in a topic: EBAY: BLOCKED USER LIST
-
rapid08 reacted to a post in a topic: Are prices still climbing or have they eased up a bit???
-
rapid08 reacted to a post in a topic: Collectors Comics - How do they make money?
-
rapid08 reacted to a post in a topic: Scottsdale Comic Book & Comic Art Show (Old-Man-Con) Nov 18th - new location!
-
rapid08 reacted to a post in a topic: Got a comic room??? Showcase it here!
-
Brian48 reacted to a post in a topic: I'm out. Time to get out of comics...for me.
-
I sold everything 4 years ago and paid off my home. I'm glad I did it as its clearly become a stupid expensive hobby. I still follow the hobby a tiny bit but there's no way I'd thrown any money at anything with the current prices.
-
vodou reacted to a post in a topic: New IRS reporting for 2021?
-
oldmilwaukee6er reacted to a post in a topic: The Great Collectibles Bubble: Waiting To Pop?
-
vheflin reacted to a post in a topic: The Great Collectibles Bubble: Waiting To Pop?
-
The Great Collectibles Bubble: Waiting To Pop?
rapid08 replied to Randall Ries's topic in Comics General
All assets feel like musical chairs at this point. Stock, collectibles, houses, etc. Hope you can time the inevitable pop. -
jimjum12 reacted to a post in a topic: New IRS reporting for 2021?
-
ttfitz reacted to a post in a topic: New IRS reporting for 2021?
-
ProcessedMeatMan reacted to a post in a topic: New IRS reporting for 2021?
-
SkOw reacted to a post in a topic: New IRS reporting for 2021?
-
I'm not a lawyer so don't take this as advice but I did ask my lawyer that question since there were few books I had lost track of but he said IRS would be ok with estimates. Again, my filing was done as a hobbyist and not a business so take what I said with a grain of salt. I'm pretty sure if the IRS can establish that you are a business then they would require documentation for a full audit. Again, I'm not a lawyer and what I said should not be considered legal advice
-
ttfitz reacted to a post in a topic: New IRS reporting for 2021?
-
I used ebay emails dating back 10 years to do my accounting. I think ebay still sends you emails when you buy and sell something
-
The exact same thing happened to me when I sold off my collection in 17. I filed my taxes with the proper documentation as to what in the 1099k was profit vs gross but sure enough I ended up with a notice from the IRS. They wanted an extra 30k out me! I had to hire a $400/hr lawyer and after a year of fighting the IRS said nevermind. My lawyer indicated that it was fairly routine for tax filings to go through some automated algorithm / process that doesn't do a proper job of examining filings however, notices go off that. It's not until much later in the fight that an agent actually looks at the paperwork. It's pretty gross. Meanwhile billionaires and corporations get to hide their money in the safety of the Cayman islands and nobody bats an eye. This new law is going to create a messy mess show almost for sure.
-
rapid08 reacted to a post in a topic: Should I buy Silver Age keys now?
-
I sold my entire collection in 2017 and haven't bought since. I got the itch to buy again this week but I looked the prices and no-ped the hell out. So 3 years going on 4.
-
rapid08 reacted to a post in a topic: Who Really Created the Marvel Universe?
-
thunsicker reacted to a post in a topic: High end book fractional ownership
-
Fractional share of an asset that doesn't produce anything and is 100% speculative? Sounds...less than enticing
-
sigh
-
About me: Family is growing so it is time to part with some of my collection. I've sold a bunch on ebay and here on the boards rather recently. See below for feedback. eBay - http://www.ebay.com/usr/joecollectibles for feedback forum feedback - https://www.cgccomics.com/boards/topic/301417-rapid08s-feedback-thread/ If I have a made a mistake in my listing and/or my rules then please let me know via pm. Thanks. PLEASE READ THE RULES BELOW BEFORE COMMITTING TO PURCHASE First in here or via PM wins. Decided by timestamp. To help minimize me screwing up please ALSO send me a PM if you make a claim in the thread. Payment options: Cash - Is king Certified Funds Wire Transfers Quick Pay (or whatever wire transfer service your bank has) Paypal Time payments are available, non-refundable deposit required. Clear with me, via PM, before choosing this option. Offers via PM are welcome (NOTE THAT SENDING ME ACTUAL OFFER AND NOT A 'WHAT'S LOWEST' MAKES MY LIFE A LOT EASIER WINK WINK), lowballing is not Bulk buy discounts are available. Shipping: Shipping within US Shipping is $12 via Priority or registered mail. Add $10 for each additional slab. Includes Signature Confirmation Fully Insured I'm willing to deliver up large orders if in neighboring state. Clear with me, via PM, before choosing this option. Shipping to Canada At cost. Please contact me before choosing this option so we agree on the cost. Returns: I can accept returns on raw books within 7 days of receiving the book. I do not accept returns on slabs unless there is an error on my part. Prohibited from bidding/buying: People on Hall of Shame or Probation List People on my personal ignore list The Good Stuff: Title Issue Grade Price avengers 1 4.0 $2200