Fri 2-14-2025 7:24 p.m.I have never received a Form 1099-K from eBay.
However, the IRS indicates that eBay sellers are still responsible for
reporting capital gains even if those gains were below the threshold
value of $5,000 for 2024 (Reference: IRS...
Sat 2-8-2025 8:12 p.m. Hi Folks: I enjoy collecting older (distressed?)
HO train items. Repairing items is one of the more entertaining aspects
of the hobby. As I have collected pieces of HO rolling stock over the
years, I have become aware that many...
Mon 1-6-2025 1:56 p.m. This post is about what model railroaders who
like Bachmann steam locomotives need to be paying for distressed items.
The following are issues with Bachmann steam locomotives (with the
exception of newer Bachmann Spectrum steam...
Fri 12-27-2024 12:13 p.m. Model Railroading is no longer a fun hobby.
The following are some reasons:1) Many brick and mortar hobby shops
closed down. Many hobby shops had a second business to keep the hobby
business afloat during difficult financial...
Wed 12-11-2024 7:12 a.m. I have written many times about
shipping-related damage to HO brass / die cast / plastic locomotives as
a result of poor-quality packaging by ebay sellers. Brass locomotives
often are marketed in foam-lined train boxes. ebay ...
Sun 2-16-2025 9:02 p.m. Have already been in touch with the IRS. Had to
wait on the phone for an hour. Have you heard, "Come back when you can't
stay so long?" However, thanks for your input. Regards, ag01
Sun 2-16-2025 8:47 p.m. Good approach. I also use guides for items what
I am selling. In fact, I have included some of the guide information in
my eBay ads. However, I have some concerns about utilizing copyrighted
information. Therefore, I reference...
Sun 2-16-2025 8:13 p.m. I am not dealing with garage sale issues and I
not running a business to sell my personal items. However, I am working
with lots / bunches / groupings of items. I tend to sort out the lot
items I purchased by manufacturer. Thi...
Your proceeds are the eBay order earnings (includes eBay selling fees,
etc.). The difference between order earnings and your cost allows you to
compute a capital gain or capital loss. You must have held the items for
more than 1 year if you declare a...
