Do I report items I used and sold as a loss? | Selling

musahm4au2xvd · 2022-03-28T01:57:40.270000Z

If I use an item for a few months and then sell it for a lower price, do I still state my original purchase price as a deduction? I would have a net profit, but I do sell a lot of used stuff which would add up as losses if I count my purchase price as an expense. Any advice would be appreciated.

Discussions

Do I report items I used and sold as a loss? | Selling | eBay Community