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Link works for me. Thats cool that you only have 37 followers but have already sold four of them. Though can you be sure all four sales came from instagram? Sales could have come from eBay search, no?
I think that “whats the lowest you’ll take” is something people are seeing on those TV shows around picking/buying. I completely agree with the feeling of annoyance.
Ultimately we just see how hungry we are to sell it. If we’re hungry, we throw out a price. If we arent hungry, we ignore.
Military surplus is a tough business because there’s so much of it and some really big resellers out there who sell in quantity for cheap.
I definitely dont see $13k worth of stuff there. I dont see $3k worth of stuff in the photos.
From stories I’ve heard (and what our accountant says), an “audit” is usually the IRS sending letters asking questions about specific parts of a tax return. As long as you are not hiding income or committing fraud, the IRS doesnt call you into their office alone going over the return line by line.
That’s why its good to have an accountant because he/she knows the language to write a letter back with the answer. The worst that may happen is you pay more in taxes if the IRS feels a deduction wasnt properly supported.
Im obviously not a tax specialist. These are good questions to ask your accountant.
Never been audited but I assume it’ll happen one day. This is why it’s good to have a system to keep track of expenses and why we suggest having a tax accountant do your filing. We use a local accountant who looks over our info, gets it in order, suggests more deductions, and tells us if something looks like a red flag. A tax accountant knows what’s appropriate and what isnt. If the IRS does audit us, our accountant will be the one to handle the audit.
Home office deduction is not an automatic audit.
On the other hand, plenty of other scavengers swear by doing their own taxes. We just do what helps us sleep at night.
Retro, I know you finished your taxes. We’re about to start on them.
Did you run into any issues with eBay info? Were the numbers all easy to deal with so you could break out your profit/shipping?
We wont get rich from the stuff we found, but it’ll help pay for meals etc. Plus, it’s just fun to scavenge in the wild. Amazing what people put out on the street.
I’d like to hear other answers. I dont think eBay sees sales taxes as income since it never hits our account.
So cool. I tried some different combos but didnt fin anything. Looks like a established logo back in the day.
So, I sent them a few less expensive Robles cards too. Once in a while, after I send these bonuses to a buyer, I look at their items for sale and find they have listed their/my freebies for sale.
Its the like the messages we get every so often where the buyer cries about an invalid elderly Vet who’s just buying for orphans at his church so needs the items really really cheap.
Exactly. Plus you can organize your store with a “patch” category so people can just browse patches.
Yeah, I don’t see the upside of having multiple stores since most buyers dont “shop our store”. They’re just doing searches and buying items.
With an inventory as large as yours, you’ve earned the ability to coast some. It all depends of your current sales are enough money for your living expenses.
