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MultiSig Mike

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Posts posted by MultiSig Mike

  1. Bronze age book for sale. No HOS. Shipping is $20 to lower 48 states only (message me if you are in Canada). PayPal, Venmo, or Zelle preferred.

    Returns only if item is not as described/pictured. Buyer pays return shipping.

    :takeit: or private message me. Thank you for your interest.

    Incredible Hulk $181 with white pages and new CGC custom label  - $5500 or best offer.

    Update: while this case is fresh from the CGC, there is a small chip in the back of the case that does not affect the book inside.

     

    181d.jpg

    181c.jpg

    181b.jpg

    181a.jpg

    181e.jpg

  2. On 2/5/2023 at 4:17 PM, Tnexus said:

    I'd say about 0%. Even if they cancel it, it's probably been reported to the IRS already. It's on you to list the deductions and cancellations on your taxes.

    Agree with Tnexus. I'll be spending the next few weeks going over cost of supplies, mileage to & from PO, entry fees to shows, etc. to get my $20K+ as low as possible.

  3. On 2/2/2023 at 12:20 AM, Cardbooker said:

    Anyone still waiting for Tom Hardy SS slabs?  It seems to be taking unusually long. I know some collectors got theirs back in Dec. 

    Mine arrived 2 days ago but I've yet gotten to open my email :facepalm: Will try later tonight.

  4. On 2/1/2023 at 10:10 PM, Tnexus said:

    Did you have cancellations or returns? Last year I sold something for 8k, but the buyer cancelled on me. The buyer never even paid, but my 1099 showed it as income. Definitely wasn't happy since I magically had an 8k "return" on my taxes that's probably a huge red flag.

    Yes I downloaded a file from ebay and they had a column for cancelations and fees so my gross went down about $5k.

  5. On 1/31/2023 at 6:06 PM, Ryan. said:

    Sale price minus purchase price minus shipping minus fees equals net.

    So it doesn't matter when sold book was purchased, or if it was raw, signed or graded when purchased, if you have proof (or best guess) of the above then the net amount is what you'll get taxed?

  6. My 1099 arrived broken out for each month. What started as hobby has now become a business and my accountant has advised me to now total all 2022 purchases, sales, materials (tape, paper, ink, gas to PO, etc.).

    If I bought a book for $400 and sold it 3 months later for $500 with free shipping, how do they determine the net?