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Posts posted by nearmint
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3 hours ago, djzombi said:
Would you have to PROVE what you paid for it? Otherwise everybody that sold that $2,000 book would say they originally bought it for $1800, and only pay capital gains tax on $200. If I started selling my collection, I have no records of what I originally paid for anything.
If you were audited, I assume you’d need to come up with some type of proof, yes.
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On 5/6/2021 at 5:49 AM, 1950's war comics said:
prices are crazy these days but there is a caveat ...
say you sold a book on Ebay last year worth 1000 dollars and now it has doubled in price, but this year everyone is getting a IRS 1099 form so that $2000 you would have made this year minus the 28% capitol gains is now down to $1440 minus the headache of another tax form(s)
You don't pay capital gains on the sale price, you pay it on the profit. So, unless you got that $2000 book for free, you wouldn't pay $560 in capital gains on it.
- DocSaum, Larryw7, Randall Dowling and 1 other
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So I posted a WTB thread this morning looking for Batman 7, 14, and 15 and received the following PM:
Matthew in Missouri has a Golden Age Batman #7, 14, or 15 in CGC 8.0ish that he wants to part out for a cheaper price but because i'm not in the state right now, i couldn't purchase it from him maybe you should contact it and see if he still have it for sale.Here's his email mj6252708@gmail.com and 3253122191
Note that he didn't specify a particular issue, but copied and pasted part of my thread title. I emailed Matthew, and he, too, copied and pasted the exact issues and condition from my thread title in his response. I Googled his email address, and found multiple posts on various boards warning people off of this scammer.
Beware!
- jimjum12, FoggyNelson and Randall Dowling
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1 minute ago, LDarkseid1 said:
Oh yeah not even a question, would have bought the AS33 9.6 ped over this with ease!
Or a new car.
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- Popular Post
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Two copies sold last year for 15K and 20K.
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Batman #1 sure has come a long way. 72K for a moderately restored 5.0.
- Daveb25, jimjum12 and Gotham Kid
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1 minute ago, Dark Knight said:
I feel poor watching this live auction
I threw in a few bids. Pretty sure Barry giggled at them.
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3 minutes ago, G.A.tor said:
I will send you my beauty routine, it will do you some good!
Coke Zero opens pores and moisturizes.
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456K for the Tec 140 9.6
- aardvark88 and Larryw7
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204K for Cap 36 9.4.
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Nice looking non-pedigree!
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Sergio bought a nice key book from me and paid immediately. A pleasure to do business with.
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Torpedo Collectors Con 2021
in Comic Events
Posted
Nice to see old friends at this show. Picked up a nice Batman #245 CGC 9.6 from Dale.