Let's say I had payouts totaling $20k, but the cost I spent on said
inventory was $21k, how do I report this? Thank you in advance for any
help or guidance.
It’s not my first year however I went out trying to do resell of new
items; and just wasn’t very successful at it. Tried to resell different
things for a profit and didn’t make money in the end. A lot more
difficult than I thought. It’s been tough tr...