Who said anything about hobby for profit income? @mam98031 simply has no
understanding why selling old stuff for a loss that is lying around our
homes should be taxed twice. Get a life, Snappy
So let me get this straight. We already paid income tax on the funds we
originally used to buy a new item. We also paid state and local sales
tax on that item. Months or years later when we sell the same item for
much less than we originally paid, th...